Outsourced Events Limited

Outsourced Events Ltd from London UK: a small, active company founded 23 years ago, employs 25 people, and holds £5,288,207 in assets. It’s a real address, managed by two directors and two owners. The company regularly imports and exports machinery, boilers, and mechanical appliances – parts, with 13 months of recorded activity in both areas.

The company operates as an award-winning event management partner, empowering technology brands and not-for-profits to elevate their events. It delivers engaging experiences, from marketing to execution, and caters to clients like the British Maternal and Fetal Medicine Society, VIAVI Solutions, and Boomi. Its expertise spans end-to-end event management, registration, inventory management, and marketing services. The company has even been shortlisted for several awards, including the Conference News Agency Awards.

Financially, Outsourced Events Ltd shows some interesting trends. Cash bank on hand increased by a substantial 43%, reaching £4.4 million, while current assets grew by 28% to £5.3 million. However, trade debtors decreased by 14%, dropping to £780,000, which could indicate slower payments from clients. Bank borrowings increased, and net assets grew by 32% to £1.9 million. The average number of employees also increased by 40% to 35. It's a small company, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

The increase in employees and the growth in cash reserves suggest the company is expanding its operations, but the decrease in trade debtors warrants attention. The company’s success in securing clients and winning awards points to a strong reputation, but the financial data reveals a need to manage cash flow effectively.

Registered in England/Wales under the registration number 04243766, with a registered address at W6 0NB, England, London, One Lyric Square One Lyric Square, 1 Lyric Square.

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