Carousel Bars Limited

Carousel Bars Limited is a small, active company based in Portsmouth, UK, established thirteen years ago on September 27, 2011. With three employees and £263,176 in assets, it operates from a real address shared with another company. The business is managed by three directors and owned by two individuals, though the list of owners changed two years ago. Carousel Bars Limited is an irregular importer, primarily bringing in toys, games, and sports equipment, with the last import operation recorded in November 2024.

The company’s website, Carousel Cocktails Arcade Games, showcases a dual focus on event catering and arcade games. It operates in Lincoln and Leeds, and even has a presence in Harrods, London. The website highlights a range of services, including event catering, arcade game rentals, and even piano restoration – a surprising diversification from its core business.

Financially, Carousel Bars Limited presents a mixed picture. Cash bank on hand increased significantly by 160%, reaching £250,000, which is good news. However, net assets also increased by 27%, reaching £1.1 million, and trade creditors surged by 160% to £150,000, suggesting potential challenges in managing short-term liabilities. Property, plant, and equipment increased by 3.2% to £1.1 million, while depreciation charges remained constant. Despite the increase in assets, debtors completely disappeared, which is a little concerning. The company’s small size—meeting two of three criteria for being classified as small—helps it remain flexible, but the rise in creditors warrants close attention. No auditor is mentioned, which is common for companies of this size.

Registered in England/Wales under the registration number 07789196, with a registered address at PO6 1RU, Portsmouth, Hampshire, RETAIL EFFICIENCY LTD, 49a Fitzherbert Road Farlington.

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