Blue Parrot Events Group Ltd

Blue Parrot Events Group Ltd, based in Glasgow, UK, is a small, active company founded 13 years ago. Employing 15 people, the firm holds £439,262 in assets and operates from a virtual address – a point to note as 162 companies are registered at the same location. It’s led by one director and one owner, and boasts a stellar 5.0 Google rating from 57 reviews. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import activity recorded two months ago.

The company’s website showcases a diverse range of event services, from furniture and theming to photo booths and silent auctions. It operates several brands, including Event Art, Social Jungle, and Event PAL, catering to various event types, from corporate parties to fundraising galas. Social Jungle, in particular, specializes in experiential marketing and brand activations, while Event PAL provides technology management for events. The website highlights client testimonials praising the company’s creativity, professionalism, and ability to deliver memorable experiences. It even has a contact form for potential clients to reach out.

Financially, Blue Parrot Events Group Ltd presents a mixed picture. While cash reserves increased by 14% to £220,000, current assets have decreased by 7.6% to £440,000. Bank borrowings have risen by 13% to £240,000, and net assets have fallen by 6.8% to £180,000. Creditors have increased significantly by 13%, reaching £310,000. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the decline in equity is something to keep an eye on. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements.

Overall, Blue Parrot Events Group Ltd appears to be a well-regarded event services provider, but the financial data suggests it may be facing some challenges. Whether it can maintain its momentum and navigate these pressures remains to be seen.

Registered in Scotland under the registration number SC411507, with a registered address at G3 8AU, Scotland, Glasgow, Pavilion 2 Finnieston Business Park, Minerva Way.

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