Roomnettv Ltd

Roomnettv Ltd, based in Wantage, UK, is a small, active company founded ten years ago in 2014. Employing nine people and holding £864,590 in assets, it operates from a real address and is led by a single director and owner, King Darren Brian. The company is a regular exporter of electrical machinery and equipment, with 13 months of export activity recorded, but only an irregular importer, with just two months of import activity.

The company’s website, roomnet.tv, focuses on transforming TV for the hospitality industry, particularly hotels. It offers a "superpowered entertainment platform" powered by Apple TV, targeting vacation rentals, business centers, and kiosks. The site emphasizes features like Airplay for hotels, endless entertainment possibilities from the App Store, and expressive branding opportunities. It even has a presence in multiple countries, including the USA, UK, UAE, and Australia, with dedicated contact information for each region. The site is clearly geared towards B2B sales, with a focus on demo bookings and partnerships.

Financially, Roomnettv Ltd shows a mixed picture. Creditors increased by a significant 36%, reaching £350,000, while cash reserves decreased by 20%, settling at £89,000. Net assets also declined by 6.5%, dropping to £560,000. However, trade debtors increased by 6.5%, reaching £760,000, suggesting improved sales. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The increase in creditors, however, could indicate a reliance on short-term financing. There’s no mention of an auditor, likely due to its small size.

Overall, Roomnettv Ltd appears to be navigating a period of growth and change. While the company’s financials aren’t booming, they aren't alarming either. The focus on a niche market—providing Apple TV solutions for hotels—and its international presence suggest a solid foundation, though careful management of its liabilities will be important going forward.

Registered in England/Wales under the registration number 09065301, with a registered address at OX12 9FA, United Kingdom, Wantage, Oxfordshire, Unit C8 Grove Business Park, Downsview Road.

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