Projecttwo Ltd
- Small
- Active
- 12 years
- 5 employees
- £156,355 (assets)
- Real address
- 2 directors
- 2 owners
- Irregular importer
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Summary
Projecttwo Ltd is a small, active company based in Belfast, UK, established twelve years ago in 2012. The company, with five employees, holds £156,355 in assets and operates from a real address. It's a family business run by two directors and two owners. Projecttwo Ltd is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with the last import occurring in January 2025.
Beyond its import activities, Projecttwo Ltd appears to be an event and production company. Its website highlights a focus on creating immersive experiences for corporate events, brand activations, and parties. They boast a track record of successful projects for clients like Universal Music Group, Hammerson, and Deloitte, emphasizing creativity, strategic thinking, and a commitment to delivering memorable events. The company's website also shows a strong emphasis on client testimonials, highlighting their professionalism, dedication, and ability to consistently exceed expectations.
Financially, Projecttwo Ltd presents a mixed picture. While cash reserves increased by a significant 270%, reaching £16,000, net assets have dramatically declined by 3600%, settling at -£45,000. Bank borrowings have also risen considerably, increasing by 23% to £48,000. Creditors have increased by 65%, reaching £190,000, while trade debtors have decreased by 79%, dropping to £1,600. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the substantial equity decline is concerning. As a small company, it is exempt from an audit, so the figures are unaudited. It’s possible that the company is reinvesting heavily in growth, but the significant drop in equity warrants closer attention.
Registered in Northern Ireland under the registration number NI615394, with a registered address at BT9 6GL, Northern Ireland, Belfast, The Bank, 364 Lisburn Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Mcginnis Catherine
- 9 years
- 2
- 25%+
-
Resident of United Kingdom
-
Individual
- Mcginnis Patricia Anne
- 9 years
- 2
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Mcginnis Patricia Anne
- 12 years
- 3
-
Resident of United Kingdom
-
Individual
- Mcginnis Catherine
- 12 years
- 4
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 8 pages pdf report
-
Confirmation statement made on 2024-11-09 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-03-31Download 8 pages pdf report
Importer profile by HS codes
Last imported products
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FAQ about Projecttwo Ltd
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