Beacon Park Boats Limited

Beacon Park Boats Ltd, based in Crickhowell, UK, is a small, active company founded 19 years ago. With 28 employees and £112,230 in assets, it’s a well-established player in its niche. Two directors and one owner manage the business, which regularly imports electrical machinery and equipment – 9 months of import activity were recorded. The company operates from a real address and has been active since October 2005.

Beacon Park Boats specializes in luxury canal boat holidays and narrowboat hire. Its website showcases a range of self-drive and skippered boats available for hire on the Monmouthshire and Brecon Canal, emphasizing a 5-star grading from Visit Britain. Beyond boat rentals, the company also runs a “Tramway Coffee Shop” located on its wharf, offering a unique canalside café experience. The website also features a piano restoration business, which is a bit of a surprise.

Financially, Beacon Park Boats presents a mixed picture. Current assets have plummeted by 72%, dropping to £110,000, while net assets have taken a significant hit, falling 360% to -£190,000. Bank borrowings have increased dramatically, surging 170% to £210,000. Creditors have also decreased by 13%, suggesting better debt management. The company’s small size – meeting two of three conditions for being classified as small – helps with agility, but the sharp decline in equity raises concerns. With no auditor mentioned, the figures are unaudited.

It seems like the company is facing some financial headwinds, despite its strong reputation for quality and customer service. The diversification into coffee and piano restoration may be attempts to bolster revenue streams, but whether these ventures can offset the core business’s challenges remains to be seen.

Registered in England/Wales under the registration number 05595742, with a registered address at NP8 1EQ, Crickhowell, Powys, The Bosthouse Hillside Road, Llangattock.

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