Partyangels Limited

Partyangels Limited, based in Southall, UK, is a small, active company founded twelve years ago in 2013. With nine employees and £166,600 in assets, it’s a solo-founded operation run by a single director and owner, Patel Amar. The company boasts a stellar 5.0 Google rating from 84 reviews, reflecting its commitment to customer satisfaction. It regularly imports toys, games, and sports equipment, with the latest import activity recorded three months ago in May 2024.

The company's website, shoppartyangels.co.uk, reveals a retail business specializing in party supplies and helium-filled balloons. It offers a wide range of products for all occasions, from birthdays to corporate events, and even provides customized balloon arrangements. Located on the A460 Cannock Road in Wolverhampton, the business operates a physical store and caters to customers both locally and online. It’s a one-stop shop for all party needs, offering high-quality, affordable decorations.

Financially, Partyangels Limited presents a mixed picture. While current assets increased by 32% to £170,000, net assets decreased by 17% to -£43,000. Cash bank on hand fell by a significant 41% to £3,300, while trade debtors surged by 200% to £63,000. Borrowings remained stable at £10,000, but other creditors rose by 83% to £130,000. 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 nimble, but the equity drop suggests it’s burning through cash. There’s no auditor mentioned, likely due to its small size and exemption from audit requirements.

Overall, Partyangels Limited appears to be facing financial pressures despite its strong customer reviews and dedicated service. The company’s success will depend on its ability to manage debt, control expenses, and maintain its reputation for quality and affordability.

Registered in England/Wales under the registration number 08389922, with a registered address at UB2 4EA, United Kingdom, Southall, Middlesex, 57 Norwood Road.

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