Sargent-disc Limited

Sargent Disc Ltd, based in Bromsgrove, UK, is a sizable holding company with an active status, having been established 38 years ago. Employing 58 individuals, the company manages assets totaling £56,081,480 and generates a yearly revenue of £8,575,889. While it has a virtual address, it’s registered at a location shared by 367 other companies, raising some questions. Five directors and one owner steer the business, which operates an e-commerce site and irregularly imports electrical machinery and equipment, with the last import occurring over a year ago. Google reviews are not so good, with a rating of just 1.0 based on 30 reviews.

Sargent Disc is a leading provider of payroll and related software services, primarily within the entertainment industry. Its website highlights a comprehensive suite of services, including payroll, residuals processing, production accounting, and digital production office tools. The company emphasizes its ability to streamline financial operations for film and television productions, offering a "Digital Payroll Workflow" designed to improve efficiency and sustainability. The site also features news and insights, demonstrating a commitment to industry trends and innovation.

Financially, Sargent Disc Ltd shows some concerning trends. While turnover remains steady at £8.5 million, net assets have fallen significantly, dropping 9% to -£210,000. Cash reserves have also decreased by 17%, sitting at £44 million. Bank borrowings have increased substantially, jumping 160% to £5.5 million, and trade payables have risen by 12%, reaching £33 million. Despite these challenges, the company’s creditors have decreased by 11%, suggesting some improvement in debt management. The company's size, meeting two of three criteria for a large company, means it’s subject to more scrutiny. The report does not mention an auditor, likely due to its size.

Overall, Sargent Disc Ltd appears to be navigating a period of financial pressure, despite its established position in the entertainment industry. The company's focus on digital solutions and its commitment to serving the film and television sector suggest a potential for future growth, but addressing the recent financial downturn will be crucial for long-term success.

Registered in England/Wales under the registration number 02020919, with a registered address at B61 8DN, United Kingdom, Bromsgrove, Worcestershire, St Johns House, 16 Church Street.

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