October Films Ltd

October Films Ltd, based in London, UK, is a holding company with an active status, established 36 years ago. Employing 51 people, the company holds assets worth £4,998,430 and generates £8,608,167 in yearly revenue. It’s managed by four directors and has one owner, with a somewhat low Google rating of 2.0 based on just one review. The company irregularly imports machinery, boilers, and mechanical appliances, with its last import operation occurring one month ago.

The company’s website, October Films, showcases a focus on film production and distribution. It features sections for "Who We Are," "Our Work," and "Contact Us," alongside pages detailing privacy and terms. The site doesn't appear to be an e-commerce platform; instead, it serves as a portfolio and information hub for its film projects. It’s clear that October Films is focused on creating and distributing film content, rather than direct sales to consumers.

Financially, October Films presents a mixed picture. While current assets increased by a respectable 3.1% to £5,000,000, net assets decreased by 62% to £2,200,000. Bank borrowings increased significantly by 26% to £180,000, and cash reserves decreased by 35% to £1,700,000. Creditors decreased by 80% to £48,000, which is a positive sign. The company’s size (meeting two of three criteria for a large company) suggests it's a well-established player, but the significant decrease in equity raises questions about its financial health. The accounts are unaudited, and Nyman Libson Paul LLP is the auditor. It’s likely that the company is burning through cash to fund its film projects, which is common for production companies. The decrease in net assets could be due to investments in new projects or write-downs of existing assets.

Registered in England/Wales under the registration number 02328023, with a registered address at N7 7BL, England, London, Benwell Studios, 11-13 Benwell Road.

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