Eastern Pearl Ltd

Eastern Pearl Ltd, based in London, UK, is a small, active company founded nine years ago in 2015. It employs nine people and holds £128,961 in assets, operating from a real address and managed by one director and owner. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances; parts, with the last import activity recorded two months ago. While the company operates in the licensed restaurants industries, its website paints a picture of an event planning business, offering banqueting hall rentals, event planning services, and catering packages. It even boasts partnerships with luxury makeup artists, photographers, and planners.

The website highlights a focus on high-quality social and business events and weddings, with packages ranging from Silver to Platinum. It emphasizes a "privileged almost private place" and offers various facilities, including a main hall, stage area, and partner services like car hire and photography. Testimonials praise the hall’s spaciousness, excellent service, and delicious food, with one guest noting the ability to accommodate 500 guests with ease.

Financially, Eastern Pearl Ltd presents a mixed picture. Cash bank on hand decreased by 21% to £20,000, while creditors increased by 17% to £110,000. However, current assets rose by 23% to £130,000, and net current assets liabilities increased by 84% to £17,000. The company's size—meeting two of three criteria for a small company—helps it maintain agility, but the rise in creditors suggests potential cash flow pressures. The company’s equity grew by 3.4% to £63,000. With no auditor mentioned, the financial statements are unaudited.

Overall, Eastern Pearl Ltd seems to be navigating a period of change. While the event planning business appears to be well-regarded, the financial data indicates a need to manage costs and maintain a healthy cash flow. The increase in debt may be a consequence of investing in the business, but it warrants close monitoring.

Registered in England/Wales under the registration number 09689354, with a registered address at W1T 6NS, London, 100 Cleveland Street.

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