R3store Studios Limited

R3store Studios Ltd, based in Ashford, UK, is a small holding company with an active status, having been founded eight years ago in 2016. The company employs nine people and holds £175,504 in assets, operating from a real address. With two directors and one owner, it boasts a stellar 5.0 Google rating from three reviews. It's an irregular importer of electrical machinery and equipment, with just one month of imports recorded as of October 2023.

The company specializes in film restoration and transfer services, digitizing archive film footage. Its website highlights a range of services, including film preparation, cleaning, scanning, restoration, and transcoding. They work with a diverse clientele, from film archives to commercial broadcasters, and even sponsor the 'Best Documentary' category at the IWM Short Film Festival. They’re also involved in projects with high-profile organizations like the British Film Institute and Arrow Video, restoring classic films for modern audiences.

Financially, R3store Studios Ltd shows some interesting trends. Accumulated depreciation on plant and machinery increased by 11%, indicating ongoing investment in equipment. Bank borrowings have completely disappeared, a positive sign, and cash reserves have grown by 19%. However, the number of average employees has decreased by 33%, suggesting potential restructuring or increased efficiency. Debtors have risen significantly, by 26%, which could be a cause for concern if payments aren't collected promptly. The company's small size (meeting two of three criteria for a small company) allows for flexibility, but the decrease in equity, by 16%, is something to keep an eye on. The financial statements are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, R3store Studios Ltd appears to be a well-regarded specialist in a niche market. While the decrease in employees and the rise in debtors are points to consider, the company's strong reputation and ongoing projects suggest a stable, if somewhat lean, operation.

Registered in England/Wales under the registration number 10212733, with a registered address at TW15 1BL, England, Ashford, Unit 2 Mereside Park, Shield Road, Ashford, Middle, Shield 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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