Grosvenor Event Rentals Limited

Grosvenor Event Rentals Ltd, based in London, UK, is a small, active company founded four years ago. Employing six people, it holds £185,617 in assets and operates from a real address. With two directors and one owner, the company runs an e-commerce site and enjoys a perfect 5.0 Google rating from twelve reviews. It’s an irregular importer, primarily dealing in glass and glassware, with its last import occurring just one month ago.

The website showcases a wide range of catering equipment and event furniture rentals, from crockery and cutlery to glassware and linen. It caters to both private and commercial clients, offering delivery throughout the UK and even international options. Customers can place bookings online or via email, with confirmation and payment handled securely. The site also features a "Chair Builder" tool and highlights competitive pricing and efficient logistics.

Financially, Grosvenor Event Rentals Ltd presents a mixed picture. While current assets have increased significantly, from £58,000 to £190,000, net assets have decreased, from -£9,600 to -£8,400. Bank borrowings have risen sharply, up 190%, reaching £21,000, and cash reserves have increased by 67% to £6,600. Creditors have also increased substantially, by 93%, to £170,000. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the decrease in equity is a concern. No auditor is mentioned, likely due to its status as a small company.

The increase in creditors and bank borrowings, alongside the decrease in equity, suggests the company may be burning through cash to fuel growth. The significant increase in assets, however, indicates successful sales and a growing customer base. It's possible the company is investing heavily in inventory or expanding its service offerings, which could explain the financial pressures.

Registered in England/Wales under the registration number 12678230, with a registered address at NW4 2JH, England, London, 16 Hillview Gardens.

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