Jazzyballoons Ltd

Jazzyballoons Ltd from Middlesbrough UK: small company, active status, founded 10 years ago, real address, 1 director, 1 owner, solo founder, google rating 4.0 based on 7 reviews. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director and no number of employees published.

The business, run by Andy Griggs, appears to focus on online retail – though a website isn’s currently available to examine. This suggests a direct-to-consumer model, likely leveraging social media or online marketplaces to reach customers. The company’s name hints at a playful, celebratory theme, potentially specializing in balloons for events and parties. The single Google review rating of 4.0, based on seven reviews, suggests a generally positive customer experience, though improvements could always be made.

Financially, Jazzyballoons Ltd presents a mixed picture. Cash bank on hand has increased by a healthy 73% to £4,100, indicating improved liquidity. However, creditors have risen by 13% to £7,600, and loans from directors are up by the same amount, suggesting increased borrowing. Equity has improved slightly, rising from -£4,400 to -£3,500, but the company remains in a negative equity position. Accumulated depreciation has remained steady, and there’s no mention of an auditor, likely due to its small size. It's a bit concerning that the company hasn't published any description of principal activities.

Overall, Jazzyballoons Ltd seems to be navigating the challenges of a small, online retail business. The increase in cash and the positive Google rating are encouraging signs, but the reliance on director loans and the negative equity position suggest it's operating close to the edge. Whether it can sustain its growth and profitability remains to be seen, but for now, it’s a small, vibrant business with potential.

Registered in England/Wales under the registration number 09113104, with a registered address at TS8 9PU, England, Middlesbrough, 58 Phoenix Park, Hemlington.

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