Immersive Limited

Immersive Ltd from London UK: a small, active company founded thirteen years ago, employs thirteen people, and holds £1,277,056 in assets. It’s a real address, managed by two directors and one owner. The company is an irregular importer, mainly dealing in optical and medical tools and devices, with just one month of imports recorded back in 2017.

The company’s website showcases a broader scope of activity within the creative industries. It’s not an e-commerce site, but rather a hub for information, resources, and networking within the sector. The site offers insights into exports, skills development, emerging technologies like CreaTech, and partnerships with various industry players. It also provides downloadable resources, facts and figures, and business helpdesk advice – all curated to support the UK’s creative industries. There’s a section dedicated to video content, downloadable guides, and even a newsletter signup.

Financially, Immersive Ltd shows some interesting trends. Accumulated depreciation on its property, plant, and equipment has increased significantly, by 160%, particularly impacting its furniture and plant machinery. Bank borrowings have also surged, by a whopping 230%, reaching £150,000, while cash reserves have plummeted 79% to just £17,000. Creditors have also increased substantially, by 280%, to £720,000. However, the company’s net assets have increased by 28%, reaching £500,000. The number of employees has also increased by 15%, to fifteen.

The company’s small size (meeting two of three criteria for being small) helps it remain nimble, but the increased debt and decreased cash reserves suggest it’s burning through money. The significant increase in creditors also raises a slight concern. With no auditor mentioned, the figures are unaudited, but the company seems to be operating within a dynamic and evolving sector, and it’s likely that the increased debt is linked to investments in its creative industry activities.

Registered in England/Wales under the registration number 07723438, with a registered address at SE1 3XH, England, London, The Tanneries (2nd Floor), 55 Bermondsey St.

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