Yotta Media Labs Limited

Yotta Media Labs Ltd, based in Pinner, UK, is a small, holding company with an active status. Founded eight years ago in 2016, it employs just three people and holds £376,256 in assets. The company has a real address and is managed by two directors and owners, boasting a stellar 5.0 Google rating from four reviews. It’s an irregular importer, primarily dealing in basic metal tools and utensils, with its last import activity recorded one month ago in July 2022.

The company’s website paints a picture of a tech explorer and creator, offering a range of products and services. Yotta Media Labs focuses on creating innovative applications for TVs, set-top boxes, and mobiles, while its sister company provides data center services like application hosting. They also offer client support and consultancy services. The company’s website lists a physical office in London and provides contact details, including email and phone number.

Financially, Yotta Media Labs Ltd presents a mixed bag. While cash bank on hand decreased significantly by 64%, dropping to £190,000, creditors increased by 70% to £580,000. The company’s net assets took a substantial hit, plummeting 140% to -£200,000. Interestingly, the number of average employees during the period decreased by 33%, from three to two. Despite this, the company's small size (meeting two of three conditions for being a small company) allows for agility. There’s no mention of an auditor, likely due to its status as a small company, so the figures are unaudited. The increase in accrued liabilities and amounts owed to directors suggests the company is burning through cash, but it’s unclear if this is a short-term issue or a longer-term trend.

Registered in England/Wales under the registration number 10313472, with a registered address at HA5 3BW, United Kingdom, Pinner, Middlesex, 20 Leighton Avenue.

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