Image Productions Limited

Image Productions Limited, based in London UK, is a small, active company established sixteen years ago in 2008. It employs just two people and holds £147,853 in assets, operating from a real address on Oakleigh Road North. With three directors and two owners—Anker Oren and Tuunanen Eeva—the company is a regular importer, specializing in optical and medical tools and devices, with six months of import activity recorded as of December 2022. The company operates in the combined office administrative service activities industries.

The company’s website is not available, so it’s difficult to determine the exact nature of its operations beyond the import activity. It's likely focused on providing administrative services, potentially supporting the import business.

Financially, Image Productions Limited is showing some concerning trends. Net assets have plummeted by a staggering 790%, resulting in a negative equity of -£84,000. This significant drop suggests the company is burning through cash reserves, and possibly accumulating losses. Current assets have also declined by 21%, falling to £65,000, while bank borrowings have increased by 21%, reaching £66,000. Cash reserves are down 78%, sitting at just £1,300. While creditors have decreased by 70%, it's unclear if this is a sustainable trend. The company meets two of three conditions to be classified as a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it is exempt from an audit, so the financial information is unaudited.

The company's significant losses and dwindling cash reserves raise concerns about its financial health. While the import business may be ongoing, the company needs to address its losses and improve its cash flow to ensure its long-term viability.

Registered in England/Wales under the registration number 06650256, with a registered address at N2 8EY, London, Langley House, Park Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.