Festivals World Ltd

Festivals World Ltd from Billericay UK: small company, active status, founded 2 years ago, 1 employee, £70,246 assets, virtual address, 1 director, 1 owner, solo founder. It’s a private limited company registered in England/Wales with the registration number 14404202, operating in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director, and one employee. The address is probably virtual as 325 companies registered at the same address.

The company’s website, Festivals World, suggests a focus on event-related merchandise – think festival clothing, accessories, and potentially even camping gear. While the site itself is fairly basic, it does feature product categories and a shopping cart, indicating a direct-to-consumer e-commerce model. There's also a blog with articles on festival fashion and tips for planning events, which helps build a community around the brand. It seems like a small, online-focused business trying to capitalize on the UK's vibrant festival scene.

Financially, Festivals World Ltd presents a mixed picture. Current assets remain steady at £70,000, but equity has fallen to just £3,900 – a significant drop. Creditors are also high at £66,000, and cash on hand is a modest £2,500. This suggests the company is operating on a tight margin, potentially relying on credit to manage its inventory and expenses. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the low equity raises concerns about its long-term financial stability. With no auditor mentioned, the figures rely on unaudited statements.

It's clear that Festivals World Ltd is a small, solo-run operation facing challenges. While the e-commerce side appears active, the financials reveal a need for careful management. Whether it can sustain its growth and profitability remains to be seen, but for now, it's betting on its niche market and online presence to keep things going.

Registered in England/Wales under the registration number 14404202, with a registered address at CM12 0EQ, United Kingdom, Billericay, Essex, Lakeview House, 4 Woodbrook Crescent.

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