Destiny Entertainments Limited

Destiny Entertainments Ltd from Milton Keynes UK: a small, holding company with an active status, was founded 17 years ago. The company employs 30 people and holds £2,450,293 in assets. It operates from a virtual address, managed by a single director and owner. Destiny Entertainments is a regular importer and exporter of electrical machinery and equipment, having imported for 417 months and exported for 141 months.

The company’s website, Destiny Entertainments, positions itself as the UK's leading independent event supplier, empowering the live music industry. It provides a range of services, including audio and video equipment sales, piano restoration, and disaster recovery for damaged pianos. The company prides itself on honest pricing, extensive knowledge, and fast delivery, boasting a warehouse team that can fulfill orders within an hour. Customer testimonials praise the company's advice and efficient service.

Financially, Destiny Entertainments Ltd shows some concerning trends. While bank borrowings decreased by 28%, cash reserves plummeted 88% to £150,000. Net assets also fell 17%, to £740,000. Trade debtors increased significantly, by 62%, suggesting possible difficulties in collecting payments. Creditors, however, decreased by 70%, which is a positive sign. The company's small size—meeting two of three criteria for a small company—allows for agility, but the sharp decline in cash and equity raises questions about its financial health. No auditor is mentioned, likely due to the company’s exemption as a small entity. It is not clear what the reasons are behind the financial changes.

Registered in England/Wales under the registration number 06391244, with a registered address at SS17 9FN, England, Stanford-Le-Hope, Central 8 Caspian Close.

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