Aiken Promotions

Aiken Promotions, a small, active company founded 64 years ago, operates in the support activities to performing arts industries. Based in Belfast, Northern Ireland, the company employs 15 people and holds £7,984,405 in assets. With a real registered address and a single director and owner – Mr. P. Aiken – it’s a long-standing business with a 3.0 Google rating from 24 reviews. It’s an irregular importer, with its top import category being Electrical machinery and equipment, totaling 1 months of imports. The last import operation was conducted on October 01, 2023.

The company’s website, while not providing detailed operational information, highlights its involvement in music management and promotion, particularly in Dublin, Ireland. It’s a private limited company registered in Northern Ireland, and its longevity speaks to its resilience in a competitive industry. The company’s focus on performing arts support suggests a network of artists and venues, though the specifics remain largely unstated.

Financially, Aiken Promotions shows a mixed picture. Cash reserves increased by a substantial 65%, reaching £6.2 million, a positive sign of liquidity. However, profits declined significantly, dropping 66% to £72,000. Trade debtors also decreased, suggesting improved collection of outstanding payments. On the other hand, creditors increased by 48%, and bank borrowings were eliminated, which could indicate a shift in financing strategies. 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 agility, but the profit decline warrants attention. The accounts are unaudited, and the company’s financial statements were prepared by SLMD Limited. It’s clear that the company is holding steady but facing pressures.

Registered in Northern Ireland under the registration number NI004783, with a registered address at BT9 6GN, 418 Lisburn Road, Belfast.

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