Hi-lights Theatre Services Limited

Hi-Lights Theatre Services Limited, based in Gateshead, UK, is a small, active company founded fifteen years ago. Employing thirteen people, it holds £330,225 in assets and operates from a real address. A solo founder, Warden Martin Charles, serves as both director and owner, maintaining a stellar 5.0 Google rating from eleven reviews. The company regularly imports electrical machinery and equipment, with the latest import activity occurring in June 2024.

The company’s website reveals a multifaceted business focused on live event production, equipment hire, sales, and installation. From live music and performance events to corporate presentations and festival sites, Hi-Lights provides a range of services. It also offers online sales, outdoor stage solutions, and electrical testing and servicing for theatre spaces. The site emphasizes technical expertise and a commitment to creating memorable experiences.

Financially, Hi-Lights Theatre Services Limited presents a mixed picture. Current assets decreased by 24% to £330,000, while net assets increased by 71% to £320,000. Bank borrowings decreased by 38%, and cash reserves fell 70% to £76,000. Trade debtors increased by 43%, suggesting potentially better customer payments, and creditors decreased by 29%. 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 decrease in cash reserves warrants attention. As a small company, it's exempt from an audit, so the figures are unaudited.

While the company’s diverse services and strong Google rating indicate a successful operation, the financial trends suggest a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 07193110, with a registered address at NE10 8YX, Gateshead, 18e White Rose Way, Follingsby Lane Follingsby Park.

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