Liz Hobbs Group Limited

Liz Hobbs Group Ltd, based in Newark, UK, is a small, active company founded 25 years ago. With 11 employees and £260,719 in assets, it operates from a real address and is overseen by two directors and one owner. Google users rate it 3.0 out of 5 based on 31 reviews. The company is an irregular importer, primarily dealing in aluminum and aluminum products, with its last import activity recorded one month ago in June 01, 2022.

The company's website describes Liz Hobbs Group as providing support activities to the performing arts industries. It appears to be a service-based business, rather than a retail operation, with a focus on event planning and management. The site doesn't showcase e-commerce functionality, suggesting a reliance on direct client engagement.

Financially, Liz Hobbs Group Ltd presents a mixed picture. Current assets have dramatically fallen by 62%, dropping to £260,000, while net assets have plummeted 60%, settling at £210,000. Bank borrowings have increased by 430%, reaching £28,000, and cash reserves have fallen 2400%, dropping to £81,000. Trade debtors have decreased significantly by 99%, leaving only £240. Creditors have also decreased by 50%, settling at £57,000. The company's small size—meeting two of three criteria for a small company—allows for flexibility, but the sharp decline in equity and cash reserves raises concerns. The company is exempt from an audit, so the figures are unaudited.

Overall, Liz Hobbs Group Ltd seems to be facing some financial headwinds, despite its established presence and active status. The company’s ability to navigate these challenges will likely depend on its ability to secure new contracts and manage its expenses effectively.

Registered in England/Wales under the registration number 03995769, with a registered address at NG24 2ER, Newark, Music Factory, Jessop Way.

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