Ftt Events Limited

Ftt Events Limited is a small, active company based in Alderholt, UK, founded five years ago in November 30, 2019. It holds £973,264 in assets and employs just three people, overseen by two directors and two owners. The company operates in the other retail sale not in stores, stalls or markets industries and has a real registered address, although seventy-two companies are registered at the same location, suggesting a virtual address. It's an irregular importer, primarily dealing in toys, games, and sports equipment, with the most recent import activity occurring in August 2024.

The company’s website is not available, so it’s difficult to determine the specifics of its operations. However, the description suggests a retail-focused business, likely operating online or through other channels besides traditional brick-and-mortar stores. Without a website, it’s impossible to ascertain if it’s an e-commerce operation or relies on wholesale distribution.

Financially, Ftt Events Limited presents a mixed picture. Current assets have decreased by 40%, dropping to £970,000, while net assets increased by 9.1% to £350,000. Bank borrowings have significantly reduced by 52%, reaching £80,000, and cash reserves have plummeted 80%, leaving just £200,000. Debtors have increased by 21%, suggesting a possible reliance on credit sales, and creditors have fallen by 47%, indicating improved management of short-term liabilities. 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 agility, but the substantial cash decline warrants attention. No auditor is mentioned, consistent with its status as a small, exempt company.

The company's irregular import activity suggests a fluctuating supply chain, potentially influenced by seasonal demand or sourcing challenges. While the decrease in bank borrowings is positive, the sharp drop in cash reserves could indicate increased operational expenses or delayed payments. The owners, Baker Terence John and Heitman Baker Freda, are likely driving the company's strategic direction, but without more information, it’s difficult to assess the overall health of the business.

Registered in England/Wales under the registration number 12300316, with a registered address at SP6 3DF, United Kingdom, Alderholt, Dorset, 25 Ringwood Road.

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