Aura Events Ne Limited

Aura Events Ne Limited, based in Cramlington, UK, is a small, active company founded seven years ago in 2017. With a single employee and £20,432 in assets, it’s a solo-founded operation managed by a director and owner, Anna Scott. The company operates in the “other service activities n.e.c.” industries, and is an irregular importer, with its top import category being Furniture, Lighting, and Prefabricated Buildings, totaling 1 months of imports. The last import operation was conducted on August 01, 2020.

While the company’s website is not available, its registration details suggest a focus on event services. The single employee, also the director, likely handles all aspects of the business, from sourcing event supplies to coordinating logistics. The irregular import activity hints at a business model that relies on occasional purchases of specific items, rather than a continuous supply chain.

Financially, Aura Events Ne Limited presents a mixed picture. Cash reserves saw a significant jump, increasing by 130% to £20,000, which is good news. However, net assets declined by 25% to £4,500, and net current assets liabilities increased by 63% to -£1,500. Creditors also rose by 71% to £22,000. The company meets two of the three criteria to be considered small: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 1 employee. With no auditor mentioned, the financial statements are unaudited.

The increase in liabilities suggests the company may be burning through cash, possibly due to increased operating expenses or delayed payments from clients. It's possible the company is investing in new equipment or expanding its services, which could explain the higher creditors. However, the decline in equity raises concerns about the company’s long-term financial stability.

Registered in England/Wales under the registration number 10909995, with a registered address at NE23 8AU, United Kingdom, Cramlington, Plessey Northmoor Farm, Blagdon Lane.

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