Beds & Bars Limited

Beds & Bars Limited, a large company based in London, UK, has been operating for 19 years, employing just four people and managing assets totaling £76,845,707. The company, which boasts a 4.0 Google rating from seven reviews, is currently active and has four directors and one owner. It regularly imports electrical machinery and equipment, with the latest import operation occurring in August 2024.

Beds & Bars operates a network of hostels and bars across Europe, with a particular focus on backpacker accommodation and entertainment venues. Its website highlights a diverse portfolio, including St. Christopher's Inns – a provider of award-winning hostels – and Belushi's Bars, known for late-night parties and sports events. The company also manages pubs in central London and has a franchise division. Investors are encouraged to explore joint ventures, and the company actively seeks partnerships with various brands.

Financially, Beds & Bars Limited presents a mixed picture. While current assets increased by a solid 14%, net assets declined by 11%, suggesting a possible shift in asset allocation. Bank borrowings decreased by 61%, which is a positive sign, but cash reserves also fell by 91%, indicating a need for careful cash flow management. Administrative expenses have increased significantly by 460%, which could be due to expansion or operational changes. Debtors have risen sharply by 27%, which may indicate a change in credit terms or delayed payments. The company’s auditor is Xeinadin Audit Limited. The company’s small number of employees (just five reported) suggests a lean operation, but the significant increase in administrative expenses warrants further investigation.

Registered in England/Wales under the registration number 05500765, with a registered address at W14 9DH, London, London, 1d Colet Gardens, Hammersmith.

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