Phoenix Fireworks Limited

Phoenix Fireworks Ltd, based in Wrotham, Kent, UK, is a small, family-run business with an active status. Founded nineteen years ago in 2005, the company employs nine people and holds £399,135 in assets. It has a real address, three directors, and two owners. Google users rate it 4.0 out of 5 based on 65 reviews, and it’s a regular importer of electrical machinery and equipment, with recent activity recorded in October 2024.

The company’s website showcases a diverse range of fireworks, from Catherine Wheels and fountains to rockets and cakes, catering to both consumer and trade customers. It also offers equipment hire and professional firework display services for weddings, large events, and corporate functions. The site highlights awards, heritage, and a commitment to safety and innovation, with a dedicated section on fireworks training. It’s clear the company is focused on providing a comprehensive fireworks experience, from retail sales to bespoke displays.

Financially, Phoenix Fireworks Ltd’s recent performance presents a mixed picture. Current assets have decreased by 18%, falling to £400,000, while net assets have increased by 3%, reaching £180,000. Bank borrowings have dramatically reduced by 83%, dropping to £11,000, and cash reserves have plummeted by 97%, leaving just £2,300. Creditors have also decreased by 19%, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the sharp decline in cash reserves is a concern. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Phoenix Fireworks Ltd appears to be navigating a period of change. While it maintains a strong reputation and diverse service offerings, the financial data suggests it’s burning through cash—perhaps due to increased costs or investments in new equipment. Whether this is a temporary setback or a longer-term challenge remains to be seen.

Registered in England/Wales under the registration number 05629763, with a registered address at TN15 7PX, United Kingdom, Kent, Hill Park Farm Wrotham Hill, Road, Wrotham, Sevenoaks.

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