Snow Line Ltd

Snow Line Ltd is a small, active company based in Glasgow, UK, founded six years ago in 2019. With seven employees and a real address at Hillington, it’s a modest operation overseen by two directors and two owners. The company’s core business revolves around importing and exporting clothing and accessories made by knitting or crocheting, with irregular import activity (one month) and regular export activity (26 months).

The company’s website reveals a unique focus: presenting film festivals across the UK and Ireland. Snow Line Media specializes in bringing prestigious events like the Banff Mountain Film Festival, Ocean Film Festival, Top Dog Film Festival, Reel Rock Film Festival, and the Feel Good Film Festival to theaters nationwide. They also offer on-demand film collections via their Encore Channel, catering to adventure enthusiasts and film lovers alike. The website highlights the company’s experience in event production and collaboration with clients, positioning them as a key player in the outdoor and film industries.

Financially, Snow Line Ltd presents a mixed picture. While cash reserves increased by a substantial 100% to £590,000, net assets experienced a dramatic drop of -8300% to -£410,000. This significant decrease in equity is concerning, despite the healthy cash position. Bank borrowings also fluctuated, with current instruments rising by 5.7% and non-financial instruments decreasing by -22%. Creditors increased by 64%, and trade debtors also rose by 45%, suggesting potential challenges in managing short-term liabilities. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity warrants closer scrutiny. As a small company, it’s exempt from an audit, relying on unaudited financial statements. The increase in employees reported during the period, from seven to eleven, could be a factor in the increased expenses, but more data is needed to confirm this.

Registered in Scotland under the registration number SC625939, with a registered address at G52 4JU, Scotland, Glasgow, Renfrewshire, 16-18 Earl Haig Road, Hillington.

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