Arena Video Ltd

Arena Video Ltd, based in Dartford, UK, is a small, active company founded two years ago in 2022. Employing just one person, the business holds £428,503 in assets and operates from a real address at Logicor Park. It’s a solo founder operation, managed by a single director and owner, Nick Whiteoak. The company irregularly imports and exports electrical machinery and equipment, with recent activity recorded in March and April 2024.

Arena Video’s website reveals a focus on event production, specifically for music, sports, and exhibition events. They offer services including show design, equipment hire, technician hire, and production management. The company boasts a long history, having been involved in the live events industry for over 20 years, and even has a presence in the high-end piano restoration market through its associated business, 1066 Pianos. They work with a range of clients, from corporate and commercial entities to high-profile boxing matches.

Financially, Arena Video Ltd’s recent report shows some interesting shifts. Cash reserves have skyrocketed by an astonishing 460,000%, reaching £64,000—a dramatic improvement. However, net losses deepened to -£23,000, and creditors have surged by 8,400%, reaching £710,000. Trade debtors have also increased significantly, by 4,100%, to £360,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

The company’s rapid growth in cash, despite increased debt, suggests a period of investment or expansion. It’s possible that the company is taking on more projects or acquiring new equipment to support its event production services. The increase in creditors could be a result of this expansion, as the company may be incurring higher costs for materials and labor. The company seems to be doing well, but it is important to keep an eye on its debt levels.

Registered in England/Wales under the registration number 14452439, with a registered address at DA1 5XT, England, Dartford, Unit A11 Logicor Park, Harris Way.

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