Kent Entertainment Ltd

Kent Entertainment Ltd, based in Bexhill-On-Sea, UK, is a small holding company with an active status, established twelve years ago in 2013. The company employs twenty-two people and holds £7,513,979 in assets. It operates from a virtual address, registered at 23 St Leonards Road, a location shared by twenty-four other companies, which is a bit odd. It's managed by three directors and has one owner, though the list of owners changed nine years ago. Google users have given it a rating of 3.0 based on just one review.

The company specializes in providing giant light-up letters for events, primarily weddings and parties. Its website showcases a range of options, from simple initials to bespoke words, all available for hire. It seems to be an e-commerce business, with a clear pricing list and booking form online. It also has links to other websites, including one for pianos and another for DJs, which suggests a broader entertainment group.

Financially, Kent Entertainment Ltd shows some concerning trends. Accumulated amortization and impairment of intangible assets increased by 93%, while bank borrowings jumped a staggering 340%. Cash bank on hand plummeted 72% to £290,000. Creditors rose 20% to £3,000,000, and trade debtors increased by 18%. On a brighter note, net current assets and liabilities grew by 9.4%. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned, likely due to its small size, means these figures are unaudited.

Overall, Kent Entertainment Ltd appears to be facing financial pressure, with declining cash reserves and rising debt. While its niche market and online presence offer potential, the company will need to address these challenges to ensure long-term sustainability.

Registered in England/Wales under the registration number 08431090, with a registered address at TN40 1HH, Bexhill-On-Sea, East Sussex, 23 St Leonards Road.

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