Fen Events Ltd

Fen Events Ltd, based in Ely, UK, is a small, active company founded seven years ago in 2017. With four employees and £385,753 in assets, it’s a solo-founded operation led by a single director and owner, Thurston William Patrick. The company operates in the event catering activities, the activities of amusement parks and theme parks, and other amusement and recreation activities. It's a regular importer, with its top import category being Furniture, Lighting, and Prefabricated Buildings, totaling 4 months of imports, the latest being May 2024.

The company's website is currently unavailable, making it difficult to assess its online presence and specific services. It's unclear whether Fen Events Ltd operates an e-commerce platform or primarily serves clients through direct bookings or partnerships.

Financially, Fen Events Ltd presents a mixed picture. While the company’s net assets increased by a substantial 72% to £470,000, other indicators suggest potential challenges. Cash reserves took a significant hit, plummeting 91% to just £27,000. Bank borrowings decreased by 29% to £26,000, which could indicate better debt management, but the sharp drop in cash is concerning. Trade debtors increased dramatically, reaching £360,000, suggesting delayed customer payments or an expansion of credit terms. Creditors also increased by 6.9% to £320,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the significant drop in cash reserves warrants attention. No auditor is mentioned, as the company is likely exempt due to its size.

The increase in net assets suggests the company may have been successful in growing its business, but the decrease in cash reserves could be a sign of increased spending or difficulties in collecting payments. The company's reliance on a single owner and director could also pose a risk, as the business is heavily dependent on their expertise and commitment.

Registered in England/Wales under the registration number 10900816, with a registered address at CB6 3SD, England, Ely, 7 Millfield Lane, Wilburton.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.