AN OSWESTRY balloon and party company has confirmed it will close, but expects to re-open with a slimmed-down version of their current business.

House of Party is based on the Artillery Business Park in Park Hall, and its owners, Andy and Rebecca Hall, took to social media to confirm the company will close in its current form.

They thanked all those who have supported the business and urged people to keep an eye on future announcements.

"It is with a very heavy heart that as from today House of Party will close," they said.

"Unfortunately the online side of the business has struggled for sometime, and as much as the balloon and event side has bloomed, we were unable to sustain the business in its current form.

"All bookings will be honoured and will be contacted today.

"We want to thank all our amazing staff and customers and we will keep you posted on developments via our Facebook very soon.

"We will return to Oswestry very soon and look forward to working with you all again."

The company's website is already under development for a company called Elevation, but its location has not yet been confirmed.