Uk Media City Ltd

Uk Media City Ltd, based in Birmingham, UK, is a small, active company established eleven years ago in 2014. Employing five people and holding £568,562 in assets, it operates from a real address and is led by one director and two owners. The company’s status is active. It’s an irregular importer, primarily dealing in electrical machinery and equipment, with its last import operation occurring over two years ago in August 2022.

The company's website is non-existent, so it’s difficult to determine if it operates an e-commerce site. However, its activities encompass television programming and broadcasting, satellite telecommunications, news agency activities, and media representation services. This suggests a focus on media-related services rather than direct sales.

Financially, Uk Media City Ltd presents a mixed picture. Current assets have decreased by 11% to £570,000, while net assets have increased by 5.2% to £49,000. Cash reserves have plummeted by 99%, leaving only £120, while bank borrowings have increased significantly. Creditors have also decreased by 46%, suggesting better debt management. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the sharp decrease in cash reserves is concerning. A director loan of £55,559 is outstanding. The accounts are unaudited and prepared as abridged accounts.

The company’s irregular import activity and fluctuating financials suggest it may be facing challenges maintaining a consistent revenue stream. The reliance on media services, combined with the decrease in cash, could indicate a need for increased investment or a shift in business strategy.

Registered in England/Wales under the registration number 08910762, with a registered address at B15 3DH, England, Birmingham, 75 Harborne Road.

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