Titanium Fireworks Ltd

Titanium Fireworks Ltd, based in Higham Ferrers, UK, is a small, active company founded eleven years ago. With nineteen employees and £567,130 in assets, it's a modest operation, though its registered address is likely a virtual one, as ninety-eight companies share the same location. The company is owned by two individuals and managed by three directors, boasting a stellar 5.0 Google rating based on thirty-one reviews. It’s an irregular importer, primarily dealing with electrical machinery and equipment, with its last import occurring in April 2024.

The company’s website reveals it’s a professional firework display company, specializing in events, weddings, and corporate gatherings. It offers a range of displays, including concert events, sporting events, and pyrotechnic special effects. The site highlights its experience and commitment to creating memorable experiences for clients, even mentioning collaborations with notable organizations like the BBC and Legoland. It’s clear that the company focuses on delivering high-quality, awe-inspiring displays, and the website is well-designed, with a focus on showcasing past projects.

Financially, Titanium Fireworks Ltd has experienced some challenges. Cash reserves have plummeted by 72%, dropping to £130,000, while current assets have decreased by 37% to £410,000. Trade debtors have increased by 8%, suggesting potential difficulties in collecting payments. However, creditors have also decreased by 36%, indicating improved management of short-term liabilities. The company's small size (meeting two of three criteria for a small company) allows for agility, but the significant decline in equity—dropping 28% to £540,000—raises concerns. There's no auditor mentioned, which is common for small, exempt companies. The company's net losses deepened from -£10,000 to -£23,000, while bank borrowings surged by 2,400%, reaching £29,000.

In conclusion, Titanium Fireworks Ltd appears to be a well-regarded fireworks display company facing financial headwinds. While its reputation and client base are strong, the company will need to address its declining cash reserves and manage its debts effectively to ensure long-term sustainability.

Registered in England/Wales under the registration number 08540840, with a registered address at NN10 8BW, Higham Ferrers, Northamptonshire, Carlton House, High Street.

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