S B D Events Limited

SBD Events Ltd, based in Dromore, Northern Ireland, is a small, active company founded 22 years ago. With seven employees and £225,783 in assets, it’s a well-established family-run business, boasting a perfect 5.0 Google rating from four reviews. The company operates from a real address and is led by three directors, with Sarah Baxter as the sole owner and solo founder. It’s an irregular importer, with its top category being furniture, lighting, and prefabricated buildings, though only two months of import activity were recorded, the last in 2016. The company's website highlights its event styling, furniture hire, and festive decor services, catering to weddings, corporate events, and seasonal celebrations.

The business appears to specialize in transforming spaces for events, as evidenced by testimonials from various clients, including Victoria Square, Abbey Centre, Slieve Donard Hotel, and Castlecourt Shopping Centre. The website showcases a portfolio of stylish event setups and emphasizes the company’s creativity and attention to detail. It’s clear that SBD Events focuses on providing bespoke event design and styling services, and it’s evident that they have a good reputation with their clients.

Financially, SBD Events Ltd presents a mixed picture. Current assets increased by 8.5% to £230,000, while net assets rose by 44% to £170,000—a positive sign. However, bank borrowings decreased by 21%, and cash reserves grew by 5.4% to £130,000. Creditors also decreased by 18%, suggesting better debt management. Trade debtors, however, increased by 34%, which could indicate a reliance on customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debtors is something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, SBD Events Ltd seems to be a stable, well-regarded business, though the increase in trade debtors suggests a potential need to monitor cash flow. The company’s focus on high-quality event styling and its strong client relationships position it well for continued success, and it’s clear they have a good reputation with their clients.

Registered in Northern Ireland under the registration number NI043445, with a registered address at BT25 1PH, Northern Ireland, Dromore, Down, 19c & 19d Diamond Road.

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