Live Wire Event Solutions Ltd

Live Wire Event Solutions Ltd, based in Banbury, UK, is a small, active company founded nine years ago in 2015. With sixteen employees and £1,194,696 in assets, it's a relatively modest operation led by two directors and a solo founder. The company regularly imports electrical machinery and equipment—five months of activity recorded—while exporting on an irregular basis, with just one month of activity noted. Its registered address is real, with only one other company registered at the same location.

The company’s website, Live Wire Productions, showcases its expertise in event technology, specializing in immersive experiences for global sporting, music, and live events, including Formula 1. They offer services like augmented reality simulation, content production, LED wall installations, sound systems, lighting, staging, race simulator experiences, and video/photography production. They even have a social media presence, sharing updates from events like the Big Feastival and Formula 1 races.

Financially, Live Wire Event Solutions Ltd presents a mixed picture. While net assets increased by a substantial 130%, reaching £580,000, cash reserves saw a significant drop of 38%, settling at £550,000. Bank borrowings decreased by 12%, and creditors increased by 110%, which could indicate an expansion of operations. The company’s employee numbers have increased by 25%, rising to twenty. Despite these changes, the company remains small, meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The lack of a mentioned auditor is typical for a company of this size, relying on unaudited financial statements.

Overall, Live Wire Event Solutions Ltd seems to be growing, but the decrease in cash reserves suggests it might be reinvesting heavily in its business. The company’s focus on high-profile events and its expanding service offerings indicate a promising future, although careful management of its finances will be crucial.

Registered in England/Wales under the registration number 09728055, with a registered address at OX16 4RZ, England, Banbury, 3 Mead Court, Thorpe Mead.

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