Panacea Media Limited

Panacea Media Ltd from London UK: a small, active company founded nine years ago, employs three people, and holds £71,307 in assets. It operates from a virtual address and is overseen by three directors and two owners. The company is an irregular importer of drinks, alcohol, and vinegar, with just two months of import activity recorded.

It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company operates in the activities of other holding companies. While it has seen a decrease in current assets, falling 27% to £71,000, bank borrowings have increased dramatically, rising 2,400% to £29,000. Creditors have decreased by 18%, suggesting improved debt management.

The company’s website reveals it’s a full-service creative agency based in Worcestershire. It provides services like brand creation, print design, and website development for clients in various industries, including automotive, manufacturing, and retail. The agency boasts a portfolio of projects for well-known brands, and it emphasizes its ability to deliver creative solutions within tight deadlines. The website also highlights the company’s expertise in web2print technology and its commitment to providing a total marketing solution.

Financially, Panacea Media Ltd has experienced a challenging year. Net assets have declined significantly, dropping 9.9% to -£560,000. Cash reserves have fallen 30% to £28,000. The company’s small size and flexible structure enable it to adapt to changing market conditions, but the decline in equity raises concerns about its long-term financial stability. With no auditor mentioned, the financial statements are unaudited. It seems the company is working hard, but needs to watch its spending.

Registered in England/Wales under the registration number 09726986, with a registered address at WC1N 2EB, United Kingdom, London, 10 John Street.

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