Sp Theatre Ltd

SP Theatre Ltd is a small, active company based in Sutton, UK, founded three years ago in September 2021. It employs fourteen people and holds £52,218 in assets, operating from a virtual address shared by ninety-three other companies. The company is led by two directors, including Wilson Jamie Norman Stephen, who also serves as the sole owner. It’s a solo founder operation. SP Theatre Ltd is an irregular importer, bringing in clothing and accessories, not knitted or crocheted, with a single month of import activity recorded as of June 2022.

The company’s core business, as detailed on its website, is in the motion picture, television, and theatrical casting industries. SP Cinemas, the brand under which it operates, positions itself as a production, distribution, and marketing company dedicated to filling a gap in the market for small and medium-budget films with strong content and lesser-known actors. It helps investors identify, choose, and execute film projects, reducing risks associated with movie production. The company handles the entire filmmaking process chain, from scripting to release, and emphasizes transparency and accountability. The website highlights a team of seasoned industry professionals with experience at companies like Madras Talkies, Vijay TV, and PVP Cinema. The site also details several films and web series projects, including Diesel, Parari, and Nene Naa, showcasing distribution and production work.

Financially, SP Theatre Ltd shows concerning trends. Current assets plummeted by 95%, dropping to just £52,000, while net assets decreased by 12%, reaching -£820,000. Bank borrowings increased by a staggering 2,400%, reaching £29,000, and cash reserves fell 62% to just £9,800. Creditors also decreased by 94%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop and dwindling cash reserves raise serious questions about its financial health. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, SP Theatre Ltd appears to be struggling financially, despite its active involvement in the film industry. Whether it can turn things around remains to be seen, but its reliance on external funding and its precarious financial position suggest a challenging road ahead.

Registered in England/Wales under the registration number 13595659, with a registered address at SM1 4AF, United Kingdom, Sutton, 1 Gemini Court, 42a Throwley Way.

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