Brean Theme Park Limited

Brean Theme Park Ltd from Cardiff UK: a small holding company with an active status, was founded 22 years ago in 2002. The company employs 45 people and holds £386,624 in assets. It operates from a virtual address, has two directors, and is owned by one entity. The company is an irregular importer, primarily dealing in toys, games, and sports equipment, with its last import activity recorded two months ago in March 2022.

The company’s core business revolves around operating Brean Theme Park, a popular destination in Somerset, England. The park is free to enter, attracting families and thrill-seekers alike. Visitors can choose from a variety of wristbands for unlimited rides, or pay as they go using a contactless Fun Card. The park boasts over 40 attractions, including roller coasters, a water flume, dodgems, and a traditional carousel, catering to all ages. It also offers go-karting and adventure golf as optional upgrades. The company's website highlights its commitment to providing a "UK’s Biggest Free Admission Theme Park" experience.

Financially, Brean Theme Park Ltd has experienced a significant downturn. Current assets have plummeted by 51%, dropping to £390,000, while net assets have also decreased substantially by 50%, settling at £390,000. Bank borrowings have increased considerably, reaching £93,000, and cash reserves have fallen dramatically by 85%, leaving only £4,700. Creditors have also decreased slightly, suggesting some improvement in managing short-term debts. 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 sharp decline in equity raises concerns. The company’s unaudited financial statements, which do not mention an auditor, rely on director-reported data.

The increase in average employees from 45 to 57 during the reporting period could indicate expansion or increased operational needs, though it also suggests potentially higher labor costs. The significant decrease in cash reserves, coupled with increased borrowings, suggests the company might be burning through money faster than it’s generating revenue. While the theme park itself appears to be a popular destination, the financial data paints a picture of a business facing challenges and potentially needing to carefully manage its resources.

Registered in England/Wales under the registration number 04626408, with a registered address at CF23 8AB, Wales, Cardiff, C/O Baldwins Ty Derw, Lime Tree Court, Cardiff Gate Business Park.

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