Buck's Bar Limited

Buck’s Bar Limited is a private limited company registered in Scotland with the registration number SC537717. The company was founded eight years ago on June 13, 2016, and registered at G65 0NH, United Kingdom, Glasgow, Lanarkshire, 22 Backbrae Street Kilsyth. The address is probably virtual as 202 companes registered at the same address. Its status is active. The company operates in the licensed restaurants industries. Officially, it has one owner or PSCs, two directors, and fifty two employees. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £280,272.

The company operates multiple locations across Glasgow and Edinburgh, as evidenced by its website: 111 W Regent St, Glasgow; 96 Trongate, Glasgow; 1021 Cathcart Road, Glasgow; 3234 Grindlay St, Edinburgh; 90 Hanover St, Edinburgh; and 86 Miller Street, Glasgow. A separate location, Thundercat Pub Diner, also operates under the same website domain. The company’s website showcases a range of dining options, from traditional pub fare to more modern dishes, catering to a diverse customer base. It’s clear the company is focused on providing a variety of dining experiences across several locations, and it seems like they are using a single website to promote all of them.

Financially, Buck’s Bar Limited presents a mixed picture. Current assets have significantly decreased by 42%, dropping to £280,000, while net assets have fallen 17% to £220,000. Bank borrowings have also decreased, but cash reserves have plummeted 27% to £61,000. Trade debtors have seen a substantial decline, suggesting improved collection of payments. However, creditors have risen by 6%, indicating an increase in short-term liabilities. The company’s investments fixed assets have increased by a large 520%, which is a bit unusual, and could be a one-off investment. With no auditor mentioned, the figures are unaudited.

Overall, Buck’s Bar Limited seems to be facing some financial challenges, with declining assets and cash reserves. The company’s multiple locations and diverse menu options suggest a focus on customer variety, but the financial data indicates a need for careful management to ensure long-term sustainability. It's a bit concerning that the company has seen a decrease in employees, and the future minimum lease payments under non operating leases have decreased, which could mean they are trying to reduce overhead.

Registered in Scotland under the registration number SC537717, with a registered address at G65 0NH, United Kingdom, Glasgow, Lanarkshire, 22 Backbrae Street Kilsyth.

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