Shutterstock (uk) Ltd

Shutterstock (UK) Ltd, based in London, is a large holding company with an active status, founded twelve years ago in 2013. Employing 105 people, the company holds £14,259,906 in assets and generates £16,842,799 in yearly revenue. While it has a registered address, eleven companies share the same location, suggesting a virtual address. The company is overseen by three directors and one owner, and its accounts were audited.

The company operates in the artistic creation industries, providing operational support to its ultimate parent company, Shutterstock, Inc. It also has a presence in the piano restoration business, with a showroom in Harrods, London. The company regularly imports electrical machinery and equipment, with the last import operation made on August 01, 2023. It also exports machinery, boilers, and mechanical appliances, though irregularly, with the last export operation made on December 01, 2019.

Financially, Shutterstock (UK) Ltd shows a mixed picture. Current assets have increased by 32%, reaching £14 million, while net assets have also increased by 22%, reaching £23 million. Turnover remained steady at £17 million. Bank borrowings have decreased by 13%, and cash reserves have fallen by 18%. Creditors have decreased by 14%. The company’s net loss deepened from -£10,000 to -£23,000. The company’s audit firm is Blick Rothenberg Audit LLP.

The increase in assets and turnover suggests growth, but the deepening net loss and decrease in cash reserves could indicate that the company is burning through money. The increase in debtors suggests delayed customer payments, which could be a cause for concern. Overall, Shutterstock (UK) Ltd appears to be a large, established company, but it faces financial challenges.

Registered in England/Wales under the registration number 08443009, with a registered address at SE1 9QQ, England, London, 3rd Floor, Bridge House, Borough High Street.

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