The Events Raccoon Ltd

The Events Raccoon Ltd is a small, active company based in Wantage, UK, founded eight years ago in 2016. With two employees and £506,954 in assets, it operates from a virtual address – thirty-six other companies share the same location, which is unusual. The company is run by a solo founder, who also serves as the director and owner. It’s a private limited company, and the accounts are unaudited, a common exemption for small businesses.

The Events Raccoon Ltd specializes in event management, working with clients to create memorable experiences. Its website highlights a range of services, from incentives and rewards programs to corporate events, virtual gatherings, team-building activities, and even outdoor events. It caters to a diverse clientele, as evidenced by its list of clients including WRC, OPUS2, Vodafone, and Loomis. The company’s website also showcases its high Google rating and perfect 5.0 score.

Financially, the company’s numbers are mixed. While cash reserves increased by 32% to £270,000, net assets only increased by 34% to £200,000. Bank borrowings decreased by 2.2% to £14,000, which is good. However, creditors increased significantly by 96% to £310,000, which could indicate a reliance on short-term financing. The company meets the criteria for a small business – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Amounts owed by directors increased by 48% to -£96,000. It’s worth noting that the company’s trade debtors increased by 97%, suggesting that customers are taking longer to pay. The company’s liabilities deferred income increased by 50,000 GBP. The company’s accounts are unaudited, and there is no auditor mentioned.

Registered in England/Wales under the registration number 10313703, with a registered address at OX12 7JJ, England, Wantage, The Manor Main Street, Grove.

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