Belushi Limited

Belushi Ltd from Banbury UK: a small, active company founded 23 years ago, employs 26 people, and holds £2,239,116 in assets. With a real address and managed by one director and two owners, it maintains a 2.0 Google rating based on 11 reviews. The company irregularly imports electrical machinery and equipment (just one month of imports recorded in 2021) but regularly exports it (59 months of export activity, the latest in December 2023).

The company’s website paints a picture of a vibrant social hub. Belushi’s operates a network of bars and venues across Europe, catering to students, sports fans, and those seeking a lively night out. The site heavily promotes live music, DJs, beer pong tournaments, and sports screenings, alongside menus and private hire spaces. It’s clearly geared towards a younger demographic, with a strong emphasis on events and student deals. The website reveals a focus on creating a social experience, with a clear push for bookings and promotions.

Financially, Belushi Ltd presents a mixed picture. Current assets decreased by 10% to £2,200,000, while net assets grew by 5% to £740,000. Cash reserves increased by 50% to £150,000, a positive sign. However, bank borrowings increased by 2400%, reaching £29,000, and trade debtors decreased by 22%, suggesting potential payment issues. Creditors decreased by 14%, a good sign. 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 increase in borrowings warrants attention. The company’s financial statements are unaudited, as it is exempt from an audit.

Overall, Belushi Ltd seems to be navigating a competitive market. While its social venues are thriving, the financial data suggests a need to manage debt and maintain cash flow. The company’s focus on events and student deals, combined with its European network, positions it well for continued growth, but close monitoring of its financial health is crucial.

Registered in England/Wales under the registration number 04375479, with a registered address at OX16 3LU, England, Banbury, Oxfordshire, 4 Compton Park, Wildmere Road.

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