Inevent Branding Limited

Inevent Branding Ltd, based in Leeds, UK, is a small, active company founded ten years ago in 2015. With nine employees and £279,786 in assets, it operates from a real address and is led by one director and owner. The company regularly imports printed materials like books, newspapers, and pictures—a consistent stream of activity over the past three months—while also engaging in irregular exports of textile products, sets, used clothing, and rags, with just one month of export activity recorded as of September 2021.

The company’s website is not available, making it difficult to determine the scope of their operations beyond the import/export activities. However, the company operates in the other professional, scientific and technical activities n.e.c. industries.

Financially, Inevent Branding Ltd presents a mixed picture. Accumulated depreciation has increased by 28%, indicating investment in plant and machinery, while bank borrowings have risen by 26%, suggesting a need for external financing. A significant increase of 64% in advances to directors is also noticeable, but offset by a 32% decrease in repayments. The most concerning trend is the dramatic plunge in cash bank on hand—a 100% decrease, leaving just £4. Creditors have surged by 160%, and net assets have plummeted by 200%, resulting in negative equity of -£62,000. Average number of employees during the period has increased by 33% to twelve. Despite these challenges, debtors have risen by 67%, potentially reflecting increased sales.

The company’s small size—meeting two of three criteria for a small company—allows for agility, but the sharp decline in equity and cash reserves raises concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The increase in other taxation social security payable is also a worrying sign.

In short, Inevent Branding Ltd appears to be facing financial headwinds, although increased sales (reflected in higher debtors) may offer a glimmer of hope.

Registered in England/Wales under the registration number 09375486, with a registered address at LS25 2AF, England, Leeds, Fairburn House Green Lane, Garforth.

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