Silent Events Ltd

Silent Events Ltd, based in Bradford, UK, is a small, active company founded twelve years ago. With five employees and £39,443 in assets, it operates from a real address and is managed by two directors and two owners. The company is an irregular importer, primarily dealing in electrical machinery and equipment, with just two months of import activity recorded as of August 2021. It’s registered as operating in the “other amusement and recreation activities n.e.c.” industries.

The company’s website reveals a focus on electronics hire, specifically targeting events and entertainment. It positions itself as a supplier of audio-visual equipment, lighting, and other technical solutions for parties, weddings, and corporate events. The site features a range of products, including speakers, projectors, microphones, and lighting rigs, with a focus on providing a complete package for event organizers. It's clear the company is aiming to serve a local market, with a focus on providing reliable equipment and technical support.

Financially, Silent Events Ltd presents a mixed picture. While cash bank on hand increased significantly by 380% to £34,000, net assets still sit at a negative £40,000. This suggests the company is burning through cash, although the increase in cash reserves is a positive sign. Trade creditors have risen substantially by 98%, indicating a reliance on credit from suppliers. The number of employees has fallen sharply by 40% to just three, which could be a cost-saving measure or a reflection of reduced business activity. The company’s small size (meeting two of three criteria for a small company) allows it to remain flexible, but the negative equity and rising debts are concerning. There's no mention of an auditor, likely due to the company’s small size and exemption from an audit.

Overall, Silent Events Ltd appears to be navigating a challenging period. While its core business of electronics hire seems active, the financial data suggests it’s operating on a tight margin and may be facing cash flow pressures. The reduction in employees and rising debts are warning signs, but the increase in cash reserves offers a glimmer of hope.

Registered in England/Wales under the registration number 08524429, with a registered address at BD10 8EW, England, Bradford, Unit C3 Enterprise Way, Bradford Road.

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