Gn Marquee & Tent Hire Ltd

Gn Marquee & Tent Hire Ltd, based in Birmingham, UK, is a small, active company founded five years ago. With four employees and a 5.0 Google rating from twelve reviews, it’s a well-regarded local business. The company operates in the renting and leasing of machinery and equipment, and is a regular importer of furniture, lighting, and prefabricated buildings—with three months of import activity recorded as of May 2023. It’s run by two directors, including Lubhaya Ram, and has one owner.

The company’s website highlights its services in event equipment hire, catering to both social gatherings and corporate events. It offers a range of marquees, tents, tables, chairs, and lighting—all available for hire. The website also features customer reviews, showcasing the company’s commitment to quality and service. It’s clear they’re aiming for a premium offering, emphasizing high-quality equipment and a fast, polite service.

Financially, Gn Marquee & Tent Hire Ltd shows some concerning trends. While retained earnings increased by 30% to £16,000, cash bank on hand plummeted 47% to just £10,000. Net current assets also took a hit, decreasing by 74% to £3,200. Trade creditors increased slightly to £7,000, and property, plant, and equipment jumped to £13,000. The company meets two of three criteria to be classified as small—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the accounts are unaudited.

It appears the company is experiencing some cash flow challenges, despite a positive reputation and growing equity. Whether this is a temporary setback or a longer-term issue remains to be seen—but the company’s reliance on retained earnings suggests it’s operating on a tight margin.

Registered in England/Wales under the registration number 12196917, with a registered address at B43 5BH, England, Birmingham, 214 Hamstead Road, Great Barr.

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