Midlands Events Limited

Midlands Events Limited is a small, active company based in Walsall, UK, established eight years ago in July 2016. The company, which has three directors and two owners, employs just three people and holds £101,857 in assets. It operates from a virtual address, shared by twelve other companies, and is registered at 28&29a Station Street, WS2 9JZ. The company’s core business involves letting and operating of own or leased real estate, and it’s an irregular importer, with its top import category being Cocoa and cocoa products, totaling one month of imports, the last operation conducted on November 01, 2024.

The company’s website showcases its role as a provider of business networking events and exhibitions across the Midlands. It positions itself as the region's largest network, dedicated to supporting companies and facilitating connections. The site highlights upcoming events, including the Midlands Business Network Expo, and emphasizes the opportunity for businesses to generate new customers, showcase their products, and increase brand awareness. Reviews from attendees praise the well-organized events and opportunities for networking, with one attendee noting the footfall was good and the events reasonably priced.

Financially, Midlands Events Limited presents a mixed picture. While bank borrowings decreased by 17% to £16,000, cash reserves also fell by 5.7% to £99,000. Creditors decreased by 17% to £16,000, suggesting better debt management, but net assets plummeted 73% to £32,000, a significant decline. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s focus on events and networking seems to be driving attendance and positive feedback, but the financial data suggests it's facing challenges. It’s likely that the company is holding steady, but the sharp decline in equity raises concerns about its long-term sustainability.

Registered in England/Wales under the registration number 10291298, with a registered address at WS2 9JZ, England, Walsall, 28&29a Station Street.

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