Zero-g Limited

Zero G Ltd from Exeter UK: small company, holding company, active status, founded 33 years ago, 3 employees, £62,578 assets, virtual address, 2 directors, 2 owners, e-commerce site. It’s a small holding company, active for over three decades, operating a niche e-commerce site. Based in Exeter, the company has just three employees and holds £62,578 in assets. However, the registered address is a virtual one, shared by 126 other companies, which is a little odd. Two directors and two owners manage the business, with the owner list having changed seven years ago.

The company’s website, ZeroG, specializes in digital audio samples and soundware, catering to music producers and sound designers. It offers a wide range of products, including vocal libraries, cinematic soundscapes, and modular synthesizer sounds, all available for download. The site features a comprehensive catalog, detailed product descriptions, and audio demos, showcasing the quality and versatility of its offerings. It also has a section for Vocaloids, which are synthesized voices.

Financially, Zero G Ltd presents a mixed picture. While the company is small, meeting two of three conditions to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its net assets have decreased by 32%, falling to -£150,000. Bank borrowings have also decreased significantly, by 52%, to £58,000. Creditors have fallen by 59%, which is a positive sign. However, cash bank on hand has also decreased by 37%, to just £2,000. The company’s other debtors have increased by a whopping 1200%, to £50,000, which could indicate a large outstanding payment or a change in payment terms. The company’s average number of employees has also decreased by 33%, to just two. With no auditor mentioned, the financial information is unaudited.

The virtual address and declining net assets are a little concerning, but the e-commerce site seems active and the company’s niche focus suggests a dedicated customer base. The decrease in employee numbers could be due to streamlining operations, but it’s something to keep an eye on.

Registered in England/Wales under the registration number 02652162, with a registered address at EX2 4DG, United Kingdom, Exeter, Devon, 1 Colleton Crescent.

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