Mr Pixels Ltd

Mr Pixels Ltd, based in North Shields, UK, is a small, active company founded nine years ago. With two employees and £81,185 in assets, it’s a solo-founder operation led by a single director and owner. The company regularly imports optical and medical tools and devices, with the last import activity recorded four months ago in November 2020. It operates in the other retail sale not in stores, stalls or markets industries.

The company’s website, Pixel Software, showcases a design and development agency specializing in web and mobile solutions. It offers a wide range of services, including web design audits, UI/UX design, prototyping, web development, branding, and marketing. The site emphasizes a collaborative approach, highlighting its ability to achieve important goals through strong marketing and design. It boasts a 95% customer contact and recommendation rate, and many customers have been working with them for over seven years. The company operates from an office in London and has won 40 awards for digital innovation.

Financially, Mr. Pixels Ltd shows a mixed picture. Cash bank on hand has decreased by a significant 37% to £36,000, while creditors have fallen by 52% to £57,000. Current assets are down 39% to £81,000, and trade debtors have plummeted 71% to £7,800. However, equity has increased by 71% to £25,000, and net current assets liabilities have risen 68% to £24,000. It’s a small company, meeting two of three conditions for classification (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). The company is exempt from an audit, so the financial statements are unaudited.

The sharp decrease in cash and trade debtors could indicate challenges in managing working capital, but the increase in equity suggests a positive trend in retained earnings. It’s possible that the company is reinvesting profits back into the business, or perhaps the decrease in debtors is a temporary fluctuation. The company’s strong focus on design and development, as showcased on its website, could be driving growth, but it’s also likely that it’s burning through money to acquire new clients and projects.

Registered in England/Wales under the registration number 10022574, with a registered address at NE30 4AA, England, North Shields, Tyne And Wear, No 5 The Old Correction House, 28 Tynemouth Road.

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