Speedbird Promotions Limited

Speedbird Promotions Ltd from Thetford UK is a small, active company founded seventeen years ago in 2008. Employing three people, the business holds £127,722 in assets and operates from a real address. With three directors and one owner, Speedbird Promotions Ltd regularly imports toys, games, and sports equipment—nineteen months of imports recorded, the last in February 2024—while occasionally exporting miscellaneous manufactured goods, with just one month of export activity as of February 2023.

The company’s website showcases a focus on the transport and logistics industry, offering branded merchandise like scale models, ride-on trucks, and branded clothing. They even provide shipping container gifts and bespoke products, catering to businesses looking to promote their brand. The site highlights their in-house print and design studio and emphasizes their expertise in providing tailored merchandising solutions. They also offer services like auctions and online fulfilment, positioning themselves as a one-stop shop for promotional needs.

Financially, Speedbird Promotions Ltd presents a mixed picture. Current assets decreased by 29% to £130,000, while net assets remained steady at £17,000. Bank borrowings decreased by 37%, reaching £16,000, and cash reserves fell 36% to £33,000. Creditors decreased by 28%, suggesting better debt management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the drop in cash reserves could be a concern. With no auditor mentioned (likely exempt as a small company), the figures are based on unaudited statements.

Overall, Speedbird Promotions Ltd seems to be holding its own, but the financial data suggests a need to monitor cash flow. Their focus on the transport and logistics sector and their range of services position them well, but the company will need to maintain a close eye on its financial health to ensure long-term success.

Registered in England/Wales under the registration number 06476232, with a registered address at IP24 1HZ, England, Thetford, Norfolk, 28 Howlett Way.

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