Viking Fireworks Limited

Viking Fireworks Ltd from Ramsgate UK: a small, active company founded 13 years ago, employs four people, and holds £106,190 in assets. It’s a solo-founded operation with one director and a 4.0 Google rating based on ten reviews. The company irregularly imports inorganic chemicals, with the last import operation occurring in April 2023.

The company operates in the other retail sale not in stores, stalls or markets industries and its website showcases a range of fireworks for sale, from Victory Royale to Icarus Sun. The site also highlights a long-standing history, dating back to 1983, initially providing fireworks displays before expanding into retail and special effects for television and film. The website also mentions a partnership with Kimbolton Fireworks, a brand known for its quality and value. Contact information includes a physical location and phone number.

Financially, Viking Fireworks Ltd shows some concerning trends. Current assets remained stable at £110,000, but equity plummeted by 280%, resulting in a negative balance of -£2400. Bank borrowings increased by 25%, reaching £3100, while cash reserves dropped by 22% to £79,000. Creditors decreased slightly, and trade debtors increased significantly. The company’s small size—meeting two of three criteria for being a small company—helps it remain flexible, but the substantial equity decline warrants attention. The lack of an auditor mentioned suggests it’s exempt as a small company, so the figures are unaudited.

Overall, Viking Fireworks Ltd appears to be facing financial pressures despite its strong Google rating and established presence in the fireworks industry. The company’s ability to navigate these challenges will likely depend on its continued success in retail sales and its partnerships with reputable brands.

Registered in England/Wales under the registration number 07679125, with a registered address at CT11 7SU, Ramsgate, Kent, 45 Margate Road.

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