4ward Events Ltd

4ward Events Ltd is a small, active company based in Stourbridge, UK, founded ten years ago in 2015. With nine employees and £1,522,620 in assets, it operates from a real address and is managed by two directors and owners. The company is a regular importer of plastics and plastic products, with five months of import activity recorded, the last operation made in 2018.

The company's website reveals it's a destination event planning company specializing in travel and event management. 4ward Events caters to a wide range of celebrations, from destination weddings and honeymoons to corporate events and cruises, partnering with major cruise lines like Royal Caribbean and Carnival. The site emphasizes personalized service, expert guidance, and affordable vacation planning, with testimonials highlighting positive customer experiences. It's clear they are trying to make a good impression.

Financially, 4ward Events Ltd shows some concerning trends. Accumulated depreciation increased by 15%, and bank borrowings are stable, but cash bank on hand has plummeted by a massive 81%, leaving just £93,000. Creditors have increased significantly by 54%, and trade debtors have more than doubled—a big jump. While net assets have risen by 22%, the sharp decline in cash and the increase in debt suggest the company may be burning through money. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increased reliance on borrowing could be a risk. No auditor is mentioned, which is common for small companies.

Overall, 4ward Events Ltd appears to be a dynamic company facing some financial pressures. While its website and customer testimonials suggest a strong service offering, the financial data indicates a need to manage cash flow and potentially reduce debt.

Registered in England/Wales under the registration number 09383427, with a registered address at England, Stourbridge, West Midlands, 8 -10 Crown Street 8 - 10 Crown Street.

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