Beyonk Ltd

Beyonk Ltd from Hatfield UK: a small, active company founded six years ago, employs 20 people, and holds £2,569,678 in assets. It's a solo-founded venture with two directors, a real address, and a solid 4.0 Google rating from 11 reviews. The company is an irregular importer of machinery, boilers, and mechanical appliances; parts, with the last import operation occurring one months ago in August 2023.

Beyonk’s core business revolves around providing an online event ticketing system and booking software. Its website highlights a "visitor-centric ticketing" approach, emphasizing faster checkouts, increased average order values, and a seamless, branded experience. The platform manages more of a business’s customer journey, aiming to reduce workload and build community. Case studies showcase successful implementations for businesses like Hatter's Farm, Xplore Science Discovery Centre, and The Christmas Destination at Lakeside, demonstrating improvements in booking efficiency, operational speed, and customer satisfaction. The company even offers membership passes, gift cards, and capacity management tools.

Financially, Beyonk Ltd presents a mixed picture. While its fixed assets decreased by 9.6% to £1.4 million, cash bank on hand plummeted by 44% to £1.9 million. Debtor levels increased by 57% to £630,000, which could indicate growth in sales, but also potential challenges in collecting payments. Creditors decreased significantly by 63%, which is a positive sign of better debt management. Net assets, however, dropped by 20% to £3.8 million, which is a notable decline. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the drop in equity raises questions about its financial health. No auditor is mentioned, likely due to its status as a small company.

It seems that Beyonk is growing, but is facing some financial pressures. The company’s focus on providing a comprehensive ticketing platform and its successful case studies suggest a strong market position, but the declining cash reserves and net assets warrant close monitoring.

Registered in England/Wales under the registration number 11994212, with a registered address at AL9 5BG, England, Hatfield, Hertfordshire, Broad House, 1 The Broad House.

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