Picture Blast Limited

Picture Blast Ltd from Coventry UK: small company, active status, founded 16 years ago, 11 employees, £613,117 assets, virtual address, 3 directors, 2 owners. Irregular importer of miscellaneous metal items (1 months imported). It’s a small, active company based in Coventry, UK, established sixteen years ago. Picture Blast Ltd employs eleven people and holds £613,117 in assets. The company operates from a virtual address – thirty-five other companies are registered at the same location – and is overseen by three directors and two owners. It’s an irregular importer, bringing in miscellaneous metal items, with the last import activity recorded one month ago in December 2022.

The company’s website showcases a photo booth hire business, specializing in weddings, parties, and corporate events. They offer a range of photo booth options, including selfie pods, party booths, magic mirrors, and branded booths, alongside giant letters and guest books. The site highlights customer reviews and emphasizes a "PictureBlast Promise" guaranteeing quality service. They even offer a special offer: book before the end of May and get four hours for the price of three, plus a free guest book and unlimited prints! It seems they’re targeting a fun, memorable experience for event attendees.

Financially, Picture Blast Ltd presents a mixed picture. Accrued liabilities increased by 5.3%, while deferred income rose significantly by 34.0%. However, cash reserves saw a substantial jump, increasing by 500% to £520,000. Bank borrowings also increased, though the most notable change was the surge in average employees reported – jumping 110% to twenty-three. This suggests a period of expansion, though it’s worth noting that the company’s equity decreased by 34.0%. The company’s small size—meeting two of three conditions for being considered small—helps it remain flexible. The unaudited financial statements, without an auditor mentioned, rely on director-reported data.

Overall, Picture Blast Ltd appears to be growing, with a focus on expanding its workforce and increasing cash reserves. The growth in employees and bank borrowings, however, may indicate a need for careful financial management.

Registered in England/Wales under the registration number 06712004, with a registered address at CV4 8HX, England, Coventry, West Midlands, 1&2 Mercia Village Torwood Close, Westwood Business Park.

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