Ticketinghub Ltd

Ticketinghub Ltd from West Malling UK: small company, active status, founded 12 years ago, 1 employee, £113,893 assets, virtual address, 1 director, 1 owner, solo founder. The company operates in the agents specialized in the sale of other particular products, the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director, and one employee.

The company's website showcases a cloud ticketing system designed to boost sales for attractions, tour operators, and event organizers. It offers features like sales management, upselling automation, and integrations with major ticketing platforms like Peek Pro and FareHarbor. The platform also supports online sales, in-person sales through POS systems, and reseller distribution. The website emphasizes multilingual support, flexible pricing, and transparent fees. It seems like they’re really focusing on helping businesses grow their ticket sales and streamline their operations.

Financially, Ticketinghub Ltd shows some interesting trends. Accumulated depreciation has decreased significantly, falling by 61%, which could indicate less investment in plant and machinery. Bank borrowings have also decreased, though the decrease is not as dramatic. Cash bank on hand, however, has increased substantially, rising by 110% to £69,000—a positive sign. Creditors have remained relatively stable, and equity has improved slightly. The company’s small size, meeting two of three conditions for being classified as small, helps it stay nimble, but the decrease in debtors suggests a potential issue with customer payments. With no auditor mentioned, the figures are unaudited.

It's clear that Ticketinghub Ltd is a growing business, but the financial data suggests it’s not burning through money. The increase in cash reserves and stable creditors indicate a healthy financial position, although the decrease in debtors is something to keep an eye on.

Registered in England/Wales under the registration number 08049536, with a registered address at ME19 4YU, England, West Malling, Kent, Suite 5 10 Churchill Square.

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