Festive Productions Limited

Festive Productions Ltd from Cwmbran, UK, is a large company holding company with an active status, established 41 years ago in 1983. The company employs 81 people and holds assets valued at £8,942,000. It has a real address, is managed by eight directors, and has one owner, boasting a Google rating of 4.0 based on 16 reviews. Festive Productions regularly imports and exports toys, games, and sports equipment, with 195 months of import activity and 54 months of export activity recorded.

The company’s website reveals a business deeply rooted in Christmas decorations and related services. It operates as both a manufacturer and wholesaler, catering to both retail and commercial clients. Beyond its core Christmas product line, the website highlights a division specializing in high-end piano restoration, a venture operating from Cambridge and even featuring a showroom in Harrods. This dual focus suggests a diversified business model aimed at leveraging heritage and expertise across different markets.

Financially, Festive Productions Ltd exhibits a mixed picture. Current assets decreased by 16% to £8,900,000, while net assets increased by 88% to £4,900,000. Bank borrowings decreased by 80% to £100,000, and cash reserves increased by 25% to £4,700,000. Creditors decreased by 15%, suggesting improved debt management. The company meets two of three criteria to be considered a large company, with a turnover over £36 million, balance sheet over £18 million, and employees over 250. The company’s financial statements were audited by Azets Audit Services.

Despite the positive trends in cash and net assets, the decrease in current assets warrants further investigation. The company's continued focus on both Christmas decorations and piano restoration, along with its strong Google rating, suggests a resilient business model, but the financial data indicates a need for careful monitoring and strategic decision-making.

Registered in England/Wales under the registration number 01755658, with a registered address at NP44 7EZ, Cwmbran, Torfaen, Otters Brook, Ty Coch Way.

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