Carousels And Dreams Ltd

Carousels And Dreams Ltd is a small, active company based in Bridlington, UK, founded four years ago in November 2020. With just two employees and £1,399 in assets, it operates from a virtual address – ninety other companies share the same location – and is led by a single director and owner. The company regularly imports toys, games, and sports equipment, with three months of import activity recorded, the latest in April 2024. It also operates in the activities of amusement parks and theme parks industries.

The company’s website is non-existent, which makes it difficult to determine if they are running an e-commerce site or if they are operating solely as an importer. Without a website, it’s impossible to assess their online presence or customer engagement.

Financially, Carousels And Dreams Ltd presents a mixed picture. Current assets have fallen by 4%, while net current assets liabilities have improved significantly, dropping by 57%. Cash bank on hand has decreased by 71%, and trade creditors have fallen by 55%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decrease in cash reserves is a concern. The company’s equity has also decreased by 26%. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s financial data suggests it may be burning through cash, but it’s also managing its debts effectively. The decrease in cash reserves could be due to increased import costs or slower sales, but the reduction in creditors indicates improved payment management. It's possible the company is reinvesting in its business, but without more information, it’s difficult to say for sure.

Registered in England/Wales under the registration number 13039355, with a registered address at YO16 4LZ, United Kingdom, Bridlington, East Yorkshire, Medina House, 2 Station Avenue.

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