Party City Ltd

Party City Ltd from Romford UK: small company, active status, founded 10 years ago, 4 employees, £495,435 assets, real address, 1 director, 1 owner. Regular importer of electrical machinery and equipment (8 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the retail sale via mail order houses or via internet, the other retail sale in non-specialised stores industries. Officially, it has one owner or PSCs, one director, and four employees.

While Party City Ltd’s core business involves retail sale via mail order houses or via internet, the company also imports electrical machinery and equipment, totaling 8 months of imports. The last import operation was conducted on December 01, 2017. The address is probably real as only one company registered at the address.

Financially, Party City Ltd shows some interesting trends. Current assets increased by 15% to £500,000, while net assets grew by 22% to £310,000. Bank borrowings decreased by 20% to £27,000, and cash reserves remained steady at £120,000. However, creditors increased by 11% to £230,000, and trade debtors ballooned by 200% to £150,000—a significant jump that could indicate expanding credit terms or delayed customer payments. The company’s small size helps it stay agile, but the increase in debtors raises questions about cash flow management. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

It seems that Party City Ltd is doing alright, but needs to keep a close eye on its debtors. The company’s owner, Zaman Haroon Uz, is also its director, suggesting a hands-on approach to the business.

Registered in England/Wales under the registration number 09424533, with a registered address at RM1 3AB, England, Romford, Unit 21 Romford Shopping Hall, Market Place.

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