Snaparazzi Photobooths Limited

Snaparazzi Photobooths Limited, based in Newcastle Upon Tyne, UK, is a small, active company established eleven years ago. With seven employees and £3,147,549 in assets, it operates from a real address and is overseen by three directors and one owner. The company boasts a 4.0 Google rating from twelve reviews and is an irregular importer of machinery, boilers, and mechanical appliances, with its last import operation occurring one month ago.

The company's core business revolves around providing custom photo booths for bars, clubs, and gaming venues across the UK. It manufactures these booths, offering a profit-sharing model where venues pay nothing upfront. Snaparazzi emphasizes a hassle-free revenue stream, remote servicing, and contactless technology for a modern social experience. The website highlights branded printouts, data collection (GDPR compliant), and partnerships with venues like MEATliquor and Roxy Leisure. It even offers bespoke marketing tools and custom booth designs.

Financially, Snaparazzi Photobooths Limited shows a mixed picture. Current assets have increased by 29% to £3,100,000, while net assets have grown by 37% to £4,500,000. Bank borrowings have increased by 74% to £840,000, and creditors have risen by 65% to £1,400,000. A notable trend is the increase in average employees, jumping 71% to twelve. 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 agility, but the increase in creditors suggests a need for careful cash flow management. The unaudited financial statements, prepared using CCH Accounts Production software, don’t mention an auditor, likely due to the company’s exemption as a small entity. It’s clear that the company is growing, but the increasing debt levels will need to be monitored closely to ensure long-term sustainability.

Registered in England/Wales under the registration number 08969254, with a registered address at NE3 1DB, Newcastle Upon Tyne, The Gosforth Studios Rear Of 2-6 Ivy Road, Gosforth.

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