Atlantis Lounge And Restaurant Ltd

Atlantis Lounge And Restaurant Ltd from Slough, UK, is a small, active company founded four years ago. Boasting a stellar 5.0 Google rating from over 2500 reviews, it employs twenty people and holds £275,581 in assets. With a real address at a Holiday Inn Express and managed by a single director and owner, the business is a popular spot. It regularly imports iron or steel products, with recent activity recorded four months ago.

The company's website highlights a focus on providing a unique lounge and restaurant experience, offering food, shisha, and beverage options. It also hosts events and showcases a gallery of images. The site emphasizes reservations and provides contact information, alongside links to social media platforms. It seems to be a primarily in-person dining and entertainment venue, without a strong e-commerce presence.

Financially, Atlantis Lounge And Restaurant Ltd presents a mixed picture. Cash reserves increased by a substantial 110% to £210,000, which is a positive sign. However, net losses deepened to -£23,000, and current assets decreased by 180% to -£240,000. Trade debtors increased significantly, suggesting potential payment delays, while creditors rose considerably. 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 flexibility, but the equity decline warrants attention. No auditor is mentioned, indicating exemption as a small company.

The company's financial data suggests it's burning through cash, despite increased reserves. The rise in debtors could be a temporary blip, but the increase in creditors and the overall loss indicate a need for careful management. The single director and owner structure, while efficient, could also present challenges in scaling the business.

Registered in England/Wales under the registration number 12705514, with a registered address at SL3 8QB, England, Slough, Atlantis Lounge And Restaurant Ltd Holiday Inn Express Heathrow T5, London Road.

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