Radiant Media Limited

Radiant Media Limited is a London-based company, active since its founding five years ago in August 2019. It's a sizable operation, classified as a large company with £15,879,417 in assets and employing 52 people. The company functions as a holding company, importing electrical machinery and equipment regularly, with its last import operation occurring in January 2022. It’s registered at a virtual address shared by 193 other companies, which raises some questions. The company has three directors and one owner, although the owner list changed four years ago and isn't exhaustive.

Radiant Media Limited operates in the media representation services industries. While no website is available to analyze, the company’s core business seems to be media representation.

Financially, Radiant Media Limited shows some concerning trends. While turnover increased by 32%, reaching £17 million, net assets decreased significantly by 43%, falling to £17 million. Bank borrowings have increased substantially, rising by 69% to £6.5 million. Creditors also increased by 58%, reaching £22 million. Cash reserves dropped by 9.4% to £430,000. The company's net loss deepened by 33%, reaching -£1.6 million. The increase in debtors by 62% suggests potential issues with customer payments, or perhaps a deliberate strategy to extend credit terms. The company's accounts were audited by Moore Kingston Smith LLP.

Despite these challenges, Radiant Media Limited’s size (meeting two of three criteria for a large company) allows for agility. The company's continued operation suggests a strong underlying business model, although the increased debt and losses warrant close monitoring.

Registered in England/Wales under the registration number 12143775, with a registered address at EC4A 1JP, United Kingdom, London, 12 New Fetter Lane.

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