Ceremony Ltd

Ceremony Ltd from London UK: a small, active company founded twelve years ago, employs four people, and holds £275,139 in assets. It operates from a virtual address – a fact highlighted by seventy-one other companies registered at the same location – and is led by one director and one owner. The company regularly imports and exports electrical machinery and equipment, with 85 months of import activity and 211 months of export activity recorded.

The company’s website, Ceremony, Ltd., focuses on helping people honor, heal, and celebrate life’s transitions. It offers ritual kits – DIY ceremony boxes – and hosts community gatherings, aiming to empower individuals through guided events. The site’s content suggests a focus on restorative art and spiritual well-being, offering a curated experience for those seeking support during life changes. It’s a very nice website, really.

Financially, Ceremony Ltd shows a mixed picture. Current assets have fallen by 28%, dropping to £280,000, while net assets have decreased by 16%, sitting at £210,000. Bank borrowings have decreased by 91%, reaching £11,000, and cash reserves have fallen 63% to £76,000. However, creditors have also decreased by 35%, suggesting improved debt management. The company meets two of three criteria to be considered small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). With no auditor mentioned, the figures are unaudited.

The significant drop in cash reserves and equity is a concern, potentially indicating the company is burning through money faster than it's bringing it in. However, the decrease in creditors suggests some financial discipline. The company’s virtual address raises questions about its operational costs and stability, but its focus on a niche market – providing ritual and community support – could be a strength.

Registered in England/Wales under the registration number 08157863, with a registered address at W3 0LJ, England, London, 112 Princes Gardens.

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