Pearce Sound & Lighting Limited

Pearce Sound & Lighting Limited, based in Peterborough, UK, is a small, holding company with an active status. Established 35 years ago in 1990, the company employs 28 people and holds assets totaling £993,208. It’s a real address, with two directors and one owner at the helm, and enjoys a stellar 5.0-star Google rating from 27 reviews. The company is an irregular importer, bringing in furniture, lighting, and prefabricated buildings, with its last import operation occurring two months ago in November 2022.

The company's website, Pearce Hire, showcases a comprehensive range of technical solutions for the events industry. It offers hire stock, power solutions, lighting effects, audio equipment, staging, rigging, and drapes. Beyond equipment rental, Pearce Hire provides event production services, technical installations, inspection and testing, and even training programs. The website highlights a focus on sustainability, partnering with clients to reduce fuel usage and explore innovative power options like hydrogen and hybrid units. It seems like they're really trying to be a one-stop shop for all things technical in the events sector.

Financially, Pearce Sound & Lighting Limited presents a mixed picture. While average number of employees increased by 18%, current assets dropped by 13% to £990,000. Bank borrowings, however, have seen a significant change, with overdrafts decreasing by 41%. A concerning trend is the sharp decline in equity, plummeting 99% to just £5,000, which could indicate a need for investment or restructuring. Creditors also increased by 43%, suggesting a reliance on short-term financing. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the equity drop warrants closer examination. No auditor is mentioned, which is typical for companies of this size.

Registered in England/Wales under the registration number 02492669, with a registered address at PE1 5EL, Peterborough, Cambs, Unit 8, Stevern Way, Eastern Industry.

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