Coronation Promotions Limited

Coronation Promotions Ltd, based in Fleetwood, UK, is a small, family-run business with an active status. Established 34 years ago in 1990, it employs ten people and holds £192,752 in assets. The company, with two directors and two owners, operates from a real address and maintains a 5.0 Google rating from eight reviews. It’s a regular importer of plastics and plastic products, with five months of import activity recorded. The company’s website, while not providing detailed information, suggests an e-commerce presence.

The company’s activities center around providing other business support services. It’s a small company, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. It’s a tight-knit operation, and it's clear that the company is built on family values.

Financially, Coronation Promotions Ltd presents a mixed picture. Current assets have decreased by 41%, dropping to £190,000, while net assets have remained constant at £120,000. Cash reserves have also fallen by 59%, leaving only £61,000. Trade debtors have decreased by 30%, which is a positive sign, but creditors have also fallen by 42%, suggesting the company is managing its debt well. The company’s bank borrowings have increased by 59%, which could indicate investment or expansion. The lack of employees (seven reported currently, down from ten) may reflect a shift in operational strategy. As a small company, it's exempt from an audit, so the figures are unaudited.

The company’s financial trajectory suggests it’s facing some challenges. While it's managing its debts, the decline in cash reserves and assets warrants attention. The decrease in employees could be a response to these pressures, or a strategic move to streamline operations. It's a company that’s been around for a long time, but it’s clear that it’s navigating a changing economic landscape.

Registered in England/Wales under the registration number 02536726, with a registered address at FY7 6JU, England, Fleetwood, Crown House, Warren Street.

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