Festival Extras Limited

Festival Extras Ltd is a small, holding company based in York, UK, with an active status. Founded fifteen years ago in December 09, the company employs sixteen people and holds £7,190,756 in assets. It has two directors and two owners, and operates from a real address. The company regularly imports furniture, lighting, and prefabricated buildings—a total of 16 months of import activity—with the latest operation occurring in June 01, 2024.

The company's website showcases a scheduling and booking platform, suggesting a focus on providing services for events and festivals. It appears to be an e-commerce site, allowing users to book various services related to events, such as equipment rental and staffing. The site’s design is clean and user-friendly, emphasizing ease of booking and a wide range of options.

Financially, Festival Extras Ltd presents a mixed picture. Current assets have increased by 31% to £7,200,000, while net assets have surged by 230% to £1,300,000—a significant improvement. Bank borrowings have increased by 29% to £5,700,000, and cash reserves have grown by 39% to £3,500,000. Creditors have decreased by 25% to £6,700,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in bank borrowings warrants attention. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

The significant growth in assets and cash reserves suggests the company is experiencing a period of expansion, possibly driven by increased demand for its services. However, the increase in bank borrowings could indicate reliance on external financing to support this growth, and it’s something to keep an eye on.

Registered in England/Wales under the registration number 07114362, with a registered address at YO26 7QJ, England, York, The Arena Blind Lane, Tockwith.

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