Really Creative Media Limited

Really Creative Media Ltd from London UK: small company, active status, founded 16 years ago, 5 employees, £1,198,974 assets, real address, 3 directors, 2 owners. Regular importer of electrical machinery and equipment (3 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £1,198,974. The company is a regular importer, with its top import category being Electrical machinery and equipment, totaling 3 months of imports. The last import operation was conducted on October 01, 2023.

The company’s website, RCM, positions itself as a provider of equipment rental, design services, and creative studio solutions. It's clear that RCM operates an e-commerce platform, allowing customers to rent equipment and access design services. The site highlights a focus on “innovating” and “building the extraordinary,” suggesting a creative and forward-thinking approach. The website also mentions VAT registration and company registration numbers, reinforcing its legitimacy. The site also has a legal page with a lot of information, which is a good sign.

Financially, Really Creative Media Ltd shows a mixed picture. While current assets increased by 12% to £1.2 million, net assets declined by 10% to £500,000. Bank borrowings increased by 9.1%, reaching £140,000, and cash reserves fell by 39% to £190,000. Creditors increased by 15%, and trade debtors grew by 32%. The company’s small size helps it stay agile, but the equity drop raises questions. The company’s financial data shows that depreciation impairment property plant equipment increased by 26%, which could be due to investments in new equipment. The company's workforce also increased by 40%, which could be a sign of growth. The company’s unaudited financial statements, combined with the lack of an auditor mentioned, mean that these figures rely on director-reported data.

In short, Really Creative Media Ltd is navigating a period of change. Its creative services and equipment rental business appears active, but the financial data suggests a need to manage costs and maintain a healthy cash flow.

Registered in England/Wales under the registration number 06899661, with a registered address at W1W 7EF, London, 57b Riding House Street.

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