88 Events Company Limited

88 Events Company Limited, based in Glasgow, UK, is a small, active family business founded 22 years ago. With 21 employees and £398,615 in assets, it operates from a real address within Ibrox Business Park. The company, overseen by three directors and two owners, boasts a stellar 5.0 Google rating from 74 reviews. It’s a regular importer of glass and glassware, with the latest import activity occurring in May 2024.

The company's website showcases a focus on luxury linen hire and table styling for events. It offers a wide range of products, including tablecloths, napkins, chairs, charger plates, and chair covers, and provides a six-step hire process, a free design service, and a triple guarantee. The website also features lookbooks, style guides, and inspiration for weddings and corporate events, targeting caterers, venues, event professionals, and future newlyweds. It's clear they are focused on providing a premium service.

Financially, 88 Events Company Limited presents a mixed picture. While cash reserves increased by 10% to £260,000, bank borrowings surged by 110% to £78,000, suggesting increased reliance on debt financing. Creditors also rose by 35% to £49,000, and net assets increased by 5% to £550,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Intangible assets increased significantly, by 190%, which could be due to investments in digital marketing or software. With no auditor mentioned, the figures are unaudited.

Overall, 88 Events Company Limited appears to be growing, but the increase in debt warrants attention. The company’s focus on high-end events and its strong online presence position it well for continued success, but managing its finances will be key.

Registered in Scotland under the registration number SC245479, with a registered address at G51 2RQ, Woodville Street, Glasgow, Larchfield Court, Ibrox Business Park.

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