The Ard Events Ltd

The Ard Events Ltd, based in Twickenham, UK, is a small, active company founded six years ago. With a single employee and £9,325 in assets, it operates from a virtual address shared by forty-nine other companies. The company is led by a solo founder, Basar Nebahat, who also serves as the director and owner.

The Ard Events Ltd’s website is currently unavailable, making it difficult to ascertain the specifics of their operations. However, the company's activities span several industries: retail sale via mail order, event catering, business support services, and amusement and recreation. It’s unclear if they have a dedicated e-commerce platform or primarily operate through other channels.

Financially, The Ard Events Ltd’s recent performance paints a concerning picture. Current assets have plummeted by a staggering 76%, dropping to just £9,300, while net assets have also taken a hit, falling to -£8,500. Bank borrowings have decreased by 28%, but cash reserves have also shrunk significantly by 71%, leaving only £8,800. Trade debtors have shrunk dramatically, which is good, but creditors have also decreased, suggesting the company is struggling to pay its bills. The company’s small size (meeting two of three criteria for a small company) does provide some flexibility, but the sharp decline in equity and cash reserves raises serious questions about its financial stability. The accounts are unaudited, which is standard for small companies, and there’s no mention of an auditor.

Overall, The Ard Events Ltd appears to be facing financial headwinds. While its diverse range of activities suggests adaptability, the declining assets and negative equity indicate a need for careful management and potentially a shift in strategy.

Registered in England/Wales under the registration number 11874716, with a registered address at TW1 3LD, England, Twickenham, First Floor, 6 York Street.

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