Adams Leisure Limited

Adams Leisure Limited, based in Colchester, UK, is a small, active company established fifteen years ago. With seventy-seven employees and £1,156,722 in assets, it operates from a virtual address – seventeen companies registered at the same location, raising some questions. The company is owned and directed by Afzalnia Arash, and it runs an e-commerce site, achieving a respectable Google rating of 4.0 based on thirteen reviews. Adams Leisure specializes in importing furniture, lighting, and prefabricated buildings, with a consistent import history spanning thirty months, the last operation occurring in August 2023. The company operates within the licensed restaurants, public houses and bars industries.

The website, John Adams, is a vibrant online store showcasing a wide array of toys, games, and accessories. It's clear the company is focused on retail, with sections dedicated to action figures, dolls, games, and puzzles. The site prominently features brands like Squishmallows, Rubiks, and Srirach Ya Problem, and offers a variety of promotions, including discounts for first-time buyers and free delivery on orders over £20. The website is well-designed and easy to navigate, with a strong emphasis on visual appeal and a user-friendly shopping experience. It also offers spare parts and product manuals, demonstrating a commitment to customer service.

Financially, Adams Leisure Limited’s recent report reveals a mixed picture. Accumulated depreciation on property, plant, and equipment increased significantly by 19%, suggesting ongoing investment in its infrastructure. Average employee numbers rose by 6.5%, reflecting growth in the workforce, but bank borrowings increased by 16%, indicating a reliance on external financing. Cash reserves, however, saw a substantial increase of 110%, providing a cushion against potential financial strain. Creditors decreased by 29%, suggesting improved debt management, and net assets dropped 51% to £1.2 million. The company’s small size—meeting two of three criteria for classification—helps maintain agility, but the equity decline warrants closer attention. The accounts are unaudited, as is typical for small companies, and there is no auditor mentioned.

Overall, Adams Leisure Limited appears to be a thriving e-commerce business with a solid foundation, but the recent financial trends suggest it’s navigating a challenging economic climate. The company’s ability to maintain its growth trajectory will depend on its ability to manage its debt and capitalize on its strong online presence.

Registered in England/Wales under the registration number 07188306, with a registered address at CO1 1TG, United Kingdom, Colchester, Essex, The Octagon Suite E2, 2nd Floor, Middleborough.

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