Party And Celebrate Limited

Party And Celebrate Ltd, based in London, UK, is a small, family-run business with an active status. Founded eight years ago in 2016, it employs 27 people and holds £229,780 in assets. The company operates from a real address and is led by two directors and two owners. It’s a thriving e-commerce site regularly importing toys, games, and sports equipment – the latest shipment arriving in November 2023. The business specializes in retail sale of clothing in specialised stores.

The company’s website, partyandcelebrate.co.uk, showcases a vibrant selection of fancy dress costumes, wigs, masks, and party supplies. From Abba wigs to superhero costumes, it caters to a wide range of celebrations and events. The site also offers a range of accessories, including feather boas, gloves, and novelty specs, with most prices being the lowest online. It's clear they're aiming to be a one-stop shop for all party needs.

Financially, Party And Celebrate Ltd presents a mixed picture. Current assets have fallen by 27% to £230,000, while net assets have also declined by 21% to £180,000. Cash reserves have taken a hit, dropping 61% to £56,000. However, creditors have decreased by 30%, suggesting improved debt management. The company’s small size – meeting two of three criteria for being classified as small – allows for agility, but the drop in equity is a concern. There’s no auditor mentioned, likely due to the company’s exemption as a small entity, so the figures are unaudited.

The increase in bank borrowings by 2400% is quite significant and could be a sign that the company is struggling to maintain its cash flow. It's also worth noting that the company's trade debtors have increased by 20%, which could indicate that customers are taking longer to pay their invoices. Overall, Party And Celebrate Ltd appears to be navigating some financial challenges, but its strong online presence and diverse product range suggest potential for future growth.

Registered in England/Wales under the registration number 10197984, with a registered address at SW11 1LJ, England, London, 272 Lavender Hill.

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