Rainbow Ninjas Limited

Rainbow Ninjas Limited is a small, active company based in Manchester, UK, founded eleven years ago in 2013. With just one employee and £35,653 in assets, it operates from a virtual address shared by thirty-four other companies, raising some questions about its physical presence. The company is led by a single director and owner, Ahmed Atyeb.

The company’s website showcases a creative agency specializing in software development and web-based services. They offer a range of services, from logo design and website creation to complex projects like interactive car configurators built using technologies like R3F and Sketchfab. They also provide animation and VFX services, highlighting a focus on cutting-edge technology and creative solutions for commercial challenges. The website’s portfolio suggests a focus on visually impressive projects, showcasing a team with strong technical skills.

Financially, Rainbow Ninjas Limited’s report reveals a mixed picture. While current assets increased by 20% to £36,000, net assets remained negative at -£8,700, indicating ongoing losses. Bank borrowings decreased by 15% to £27,000, and cash reserves fell by 12% to £7,500. Trade debtors increased significantly by 33% to £28,000, which could be a sign of increased sales but also a potential risk of delayed payments. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor mentioned is consistent with its small size.

Overall, Rainbow Ninjas Limited appears to be a small, tech-focused agency navigating the challenges of a startup. The increase in debtors is something to keep an eye on, and the negative equity suggests ongoing financial pressures. However, the company’s focus on innovative services and its impressive portfolio suggest potential for future growth, even if it’s a little bit tight at the moment.

Registered in England/Wales under the registration number 08787903, with a registered address at M14 7HR, England, Manchester, Suite 2,Parkway 5, 300 Princess 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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