Fantastic Fireworks Limited

Fantastic Fireworks Ltd from Luton, UK, is a well-established small company with an active status, celebrating 39 years in business. Employing 30 people and holding assets of £458,942, the company operates from a real address and is managed by five directors and a single owner. It boasts a stellar 5.0 Google rating based on 61 reviews, a testament to its reputation. The company regularly imports electrical machinery and equipment, with a history of eight months of import activity.

The company’s core business revolves around fireworks displays and sales, with a website showcasing a wide range of services, from professional fireworks and laser shows to quieter options for events where noise is a concern. The website also features a members portal and a blog, indicating a focus on customer engagement and industry expertise. It's clear that Fantastic Fireworks is more than just a retailer; it’s a full-service provider for events and celebrations, even offering training courses for both amateur and professional firework users. The website also highlights a partnership with Drayton Manor Park and Coventry City Council, demonstrating a track record of delivering high-quality displays for large-scale events.

Financially, Fantastic Fireworks Ltd presents a mixed picture. Current assets have decreased by 6.7% to £460,000, while net current assets have also fallen by 3.4% to £260,000. Bank borrowings have remained stable, however, cash reserves have declined by 13% to £140,000. Trade debtors have seen a significant drop of 55%, which could indicate improved collection practices or a shift in credit terms. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity raises questions about long-term financial health. As a small company, it is exempt from an audit, so the financial data relies on unaudited statements.

The company's financial data shows a slight decline in assets, but it's important to note that the company’s long-standing presence and positive customer reviews suggest a resilient business model. The focus on specialized services, such as quiet fireworks and training, could be a key differentiator in a competitive market.

Registered in England/Wales under the registration number 01928862, with a registered address at LU1 4LL, Luton, Bedfordshire, 1 Rocket Park, Pepperstock.

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