The Wedding Fairy And Friends Ltd

The Wedding Fairy And Friends Ltd, based in Chester, UK, is a small, active company established twelve years ago in 2012. Employing just two people, it holds £12,895 in assets and operates from a real address. With three directors and a solo founder, Dobson-bainbridge Fiona at the helm, the company enjoys a stellar 5.0 Google rating based on 44 reviews.

The business primarily operates in the retail sale via mail order houses or via internet industries. It’s a small company, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Its website, while not directly accessible for detailed analysis, suggests a focus on wedding-related products and services.

Financially, The Wedding Fairy And Friends Ltd presents a mixed picture. Current assets have decreased by 40% to £13,000, while net assets have fallen a significant 68% to -£96,000. Bank borrowings have increased dramatically by 310%, reaching £9,800, and cash reserves have dropped 73% to just £900. Creditors have also risen, both within and after one year, by 33% and 69% respectively. The company’s equity is deeply in the red. With no auditor mentioned, the figures are unaudited.

These numbers suggest the company is burning through cash, likely a consequence of startup costs or fluctuating sales. The increase in bank borrowings indicates a need for external funding, while the rising creditors point to potential challenges in managing short-term liabilities. It's possible that the company is investing in growth, but the negative equity and dwindling cash reserves are concerning.

Registered in England/Wales under the registration number 08051630, with a registered address at CH4 0QR, United Kingdom, Chester, 137 Broughton Hall Road, Broughton.

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