Firefly Audio Visual Solutions Limited

Firefly Audio Visual Solutions Ltd, based in Preston, UK, is a small, active company founded 19 years ago. With 12 employees and £642,906 in assets, it's a well-established player in the audio-visual sector. The company, led by a solo founder and single director, boasts a perfect 5.0 Google rating from 12 reviews. It’s a regular importer of electrical machinery and equipment, with recent activity in October 2024.

The company’s website, Firefly AV Services, focuses on providing audio visual solutions for live events, virtual and hybrid events, and technical support. It operates from Leeds and offers equipment hire, event production services, and dry hire options. The website clearly positions Firefly as a provider of high-quality equipment and services, catering to a range of event types. It even has a phone number to call.

Financially, Firefly Audio Visual Solutions Ltd presents a mixed picture. While current assets have increased by 22% to £640,000, cash reserves have plummeted 48% to £73,000. Debtors have surged by a staggering 270%, indicating potential issues with collecting payments. On a positive note, creditors have decreased by 3.9%, suggesting improved debt management. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the significant drop in cash reserves and increase in debtors raise concerns. The company’s unaudited financial statements, exempt from audit due to its small size, rely on director-reported data.

Overall, Firefly Audio Visual Solutions Ltd appears to be navigating a period of change. The increase in debtors suggests a need to tighten credit control, while the decrease in cash reserves highlights the importance of maintaining a healthy cash flow. The company’s strong Google rating and focus on event services indicate a solid foundation, but financial stability will be key to its long-term success.

Registered in England/Wales under the registration number 05584004, with a registered address at PR1 3JJ, England, Preston, Lancashire, 33-34 Winckley Square.

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