Access Bookings Limited

Access Bookings Limited, based in Lichfield, UK, is a large, active company established 21 years ago. Employing 113 people, it holds £10,675,644 in assets and generates a substantial £78,470,624 in yearly revenue. The company, with two directors and two owners (though the list isn’t exhaustive), operates from a real address and boasts a perfect 5.0 Google rating from 16 reviews. It’s a solo-founded business. Access Bookings is an irregular importer, primarily dealing in leather goods, travel bags, and animal harnesses, with a recent import activity recorded one month ago.

The company’s website, while not providing extensive detail, suggests a focus on reservation services, specifically within the travel and hospitality sector. It’s not clear if the company operates an e-commerce platform directly, but the services offered point to a business-to-business model, facilitating bookings for hotels and other travel-related needs. The site doesn’s have a blog or any social media presence.

Looking at the financials, Access Bookings Limited presents a mixed picture. While turnover increased by 36% to £78,470,624, other key indicators are concerning. Net assets decreased by 61% to £13,000,000, and net losses deepened from £5,600,000 to £5,600,000. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. The company meets the criteria for a large company, having a turnover over £36 million and balance sheet total over £18 million. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

The sharp decline in net assets and increase in bank borrowings are particularly noteworthy. It’s possible that the company has invested heavily in growth, or that external factors, such as rising costs or changing travel patterns, have impacted its profitability. The increase in trade debtors suggests a potential issue with customer payments. Overall, Access Bookings Limited is facing challenges despite its significant revenue, and it will be interesting to see how it navigates these pressures in the coming year.

Registered in England/Wales under the registration number 04758650, with a registered address at WS14 9HG, Lichfield, Staffordshire, Highlawns, 53a Tamworth Road.

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