Immersive Multimedia Experiences Ltd

Immersive Multimedia Experiences Ltd, based in London, UK, is a small, active company founded eight years ago in 2016. With seven employees and £232,347 in assets, it operates from a real address in Parkhall Business Centre. The company has two directors and two owners, and boasts a stellar 5.0 Google rating from eight reviews. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with the last import occurring two months ago in October 2023. The company’s core business involves renting and leasing of other machinery, equipment and tangible goods n.e.c. industries.

The company's website is non-existent, which makes it difficult to determine if they operate an e-commerce platform or rely solely on business-to-business contracts. Without a website, it’s impossible to gauge their online presence or marketing strategies.

Financially, Immersive Multimedia Experiences Ltd presents a mixed picture. Accumulated depreciation on plant machinery increased by 30%, while additions remained steady. The number of employees decreased slightly, from seven to six. Bank borrowings were cut in half, a positive sign, but cash reserves plummeted by 68%, leaving only £26,000. Creditors decreased by 39%, and debtors increased significantly by 54%, which could indicate challenges in collecting payments. Equity remained constant, and net assets liabilities also remained constant. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the drop in cash reserves is concerning. No auditor is mentioned, consistent with being a small company exempt from an audit.

Overall, Immersive Multimedia Experiences Ltd appears to be navigating a period of financial adjustment. While debt management seems improved, the decline in cash reserves warrants attention. The lack of an online presence limits visibility, but the company's core business and positive Google rating suggest a foundation for future growth.

Registered in England/Wales under the registration number 10221776, with a registered address at SE21 8DE, England, London, D235 Parkhall Business Centre, 62 Tritton Road.

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