State Media Vision Limited

State Media Vision Limited is a small, active company from Ilkley, UK, founded seven years ago in 2017. It employs one person and holds £9,275 in assets, operating from a real address shared by three other businesses. The company is led by one director and owner, Smithson Samuel Joseph Tate.

The company's core business revolves around sports marketing and activations, as evidenced by its website, MediaVision Nigeria. It’s a service-oriented company established in 2003, catering to corporate Nigeria. The website showcases a wide range of corporate games, including the Nigeria Bankers Games, Telecoms Games, and FMCG Games, alongside activations like CyberGames and the PowerMan Series. It also highlights its involvement in projects like the GTBank Lagos State Principals Cup and PwC Chess4change, demonstrating a diverse portfolio of events and initiatives. The website’s content suggests a focus on building brand awareness and engagement through sports-related experiences.

Financially, State Media Vision Limited presents a mixed picture. Accumulated depreciation has increased, with computer equipment showing a 19% rise, while cash bank on hand has improved by 30% to £8,600. However, creditors have significantly increased, jumping 90% to £10,000, and net assets have fallen sharply by 83% to just £2,300. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the substantial equity drop raises concerns. The company is exempt from an audit, relying on unaudited statements. The decrease in trade debtors by 88% suggests a possible shift in payment terms or a reduction in outstanding invoices. It's not clear if this is a temporary setback or a longer-term trend, but it does indicate a need for careful financial management.

Registered in England/Wales under the registration number 10813064, with a registered address at LS29 8DU, England, Ilkley, West Yorkshire, The Old School House, 60 Wharfe View Road.

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