Projection Center Ltd.

Projection Center Ltd, based in London, UK, is a small, active company founded ten years ago in 2015. With two employees and £116,067 in assets, it operates from a virtual address shared by many other companies—a bit of a red flag, really. The company is owned and directed by Rybak Marcin Tomasz and Domeracki Krzysztof. It runs an e-commerce site specializing in projectors, with Epson, Sony, Optoma, and BenQ being the main brands. It regularly imports electrical machinery and equipment, with 22 months of import activity recorded, the last in August 2024. It also exports optical and medical tools and devices, though only for a single month back in November 2022.

The website, projection.center, is a comprehensive online shop and resource for all things projection. It features a wide range of projectors, from budget-friendly options to high-end models, alongside articles on technical innovations and a discussion forum. It even caters to the piano restoration business, with a separate section dedicated to high-end piano restoration. The site is well-designed, with a user-friendly interface and a blog providing helpful information on projector technology. It also has a perfect 5.0 Google rating from eight reviews.

Financially, Projection Center Ltd is showing some concerning trends. Current assets have fallen by nearly 50%, dropping to £120,000, while net assets have plummeted 33%, now at £60,000. Cash reserves have also taken a hit, decreasing by 29% to £69,000. Trade debtors have increased significantly, by 88%, reaching £14,000, which could indicate issues with customer payments. On the positive side, creditors have decreased by 59%, to £56,000, suggesting improved debt management. 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 stay agile, but the sharp equity drop is a worry. There’s no auditor mentioned, which is likely due to its small size and exemption from an audit.

In short, Projection Center Ltd is facing some financial headwinds, despite its active e-commerce operations and well-maintained website. Whether it can navigate these challenges and sustain its growth remains to be seen—but for now, it’s a company to watch closely.

Registered in England/Wales under the registration number 09503399, with a registered address at SW20 8DN, United Kingdom, London, 590 Kingston Road.

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