Wowfactorevents Limited

Wowfactorevents Limited is a small, active company based in London, UK, established seven years ago in March 2018. The company, with just one employee and £22,055 in assets, operates from a virtual address shared by eighteen other companies, which is a little unusual. It's led by a single director and owner, Sandhu Parminder Kaur, who also serves as the sole employee. The business is involved in event catering activities and provides other business support services. Regular imports of furniture, lighting, and prefabricated buildings have been recorded over the past four months, with the last operation occurring in August 2024.

The company’s website is minimal, offering little insight into its operations beyond its core services. There's no obvious e-commerce presence; instead, it appears to function primarily as a service provider, likely catering to events and businesses directly.

Financially, Wowfactorevents Limited presents a mixed picture. While net assets have increased by a respectable 25% to £15,000, cash reserves have also seen a similar rise to £22,000. However, bank borrowings have increased, and trade creditors have decreased slightly. Average employee numbers have fallen dramatically, dropping 100% to zero. It's a small company, meeting two of the three criteria for small business status: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The increase in creditors, while not alarming, could indicate a reliance on short-term financing, and the drop in employee numbers might suggest a shift towards more automated or outsourced processes. There's no mention of an auditor, which is common for small, exempt companies. The accounts are unaudited, so the figures rely on director-reported data, which is fine, but always something to keep in mind.

Registered in England/Wales under the registration number 11252916, with a registered address at W11 3ET, England, London, 62a Pembridge Villas.

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