Media Powerhouse Limited

Media Powerhouse Limited, based in St. Albans, UK, is a sizable company—meeting two of three criteria to be classified as large—with an active status. Founded seventeen years ago in 07/05/2007, the company employs 49 people and holds £4,842,073 in assets. It has six directors, though no owners were reported, which is a bit unusual. The company boasts a perfect 5.0 Google rating based on twelve reviews. Regular importer and exporter of electrical machinery and equipment, with 62 months of import activity and 149 months of export activity.

The company operates in the other engineering activities, the other service activities n.e.c. industries. Its website showcases a wide range of services, from audio-visual installations and event scenic construction to creative print solutions and hybrid working setups. It’s clear that Media Powerhouse is targeting a broad spectrum of clients, offering everything from immersive museum exhibits to corporate event production. The site's focus is on delivering "cutting-edge technology" and "creative innovation," suggesting a premium service offering.

Financially, Media Powerhouse Limited shows some interesting trends. Accrued liabilities decreased by 15%, which is good, but depreciation increased significantly by 580%, which could indicate investment in new equipment. Administrative expenses rose by 27%, a concerning sign, and cash bank on hand increased by 24%, which is a positive. Net assets increased by 3.3%, a modest but welcome improvement. Bank borrowings remained stable. The company’s net loss deepened, though, from £240,000 to £68,000, which could be a result of increased expenses.

The company's average number of employees increased by 22%, which is a good sign of growth. The fact that the director remuneration stayed the same is interesting. The company’s auditor is RDP Newmans LLP, which suggests a level of scrutiny and compliance. Overall, Media Powerhouse Limited appears to be a well-regarded company, but the increase in expenses and net loss warrants close monitoring. It’s likely that the company is investing in growth, but it will need to manage its costs effectively to maintain profitability.

Registered in England/Wales under the registration number 06303562, with a registered address at AL2 2DQ, England, St. Albans, Parkbury Estate Handley Page Way, Colney Street.

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