Cavern City Tours Limited

Cavern City Tours Ltd from Liverpool UK: a medium-sized company with an active status, celebrating 41 years since its founding, employs 120 people, and holds £3,907,419 in assets. Yearly revenue reached £10,529,745. The company operates from a virtual address, managed by eight directors and two owners, and boasts a stellar 5.0 Google rating based on 18 reviews. It’s an irregular importer of musical instruments and parts, with just two months of import activity recorded.

The Cavern Club, a cornerstone of Liverpool’s musical heritage, is at the heart of Cavern City Tours Ltd’s operations. The company offers tours, event organization, and operates a licensed pub and club. Its website highlights the iconic Cavern Live Lounge, the Cavern Pub, and the Cavern Restaurant, alongside the Magical Mystery Tour – a popular bus tour showcasing Beatles landmarks. The site also features an online store selling merchandise, from posters to t-shirts, and promotes upcoming events, including resident bands and special performances.

Financially, Cavern City Tours Ltd shows a mixed picture. While turnover increased by 14%, reaching £10,529,745, current assets dipped by 12% to £3,907,419. Net assets, however, plummeted 15% to £1,800,000. Bank borrowings increased by 40% to £150,000, and cash reserves decreased by 20% to £500,000. Creditors, however, decreased by 5%, suggesting improved debt management. The company meets the criteria for a medium-sized business, with turnover under £36 million, balance sheet total under £18 million, and fewer than 250 employees. The company’s audit firm is ERC Accountants & Business Advisors Limited.

The irregular import activity, with a focus on musical instruments, suggests a potential avenue for growth, but also a vulnerability to supply chain disruptions. The company’s reliance on tourism, while a strength, makes it susceptible to external factors like economic downturns or changes in travel patterns. Despite these challenges, the Cavern Club’s enduring appeal and the company’s strong online presence position it well for continued success.

Registered in England/Wales under the registration number 01744312, with a registered address at L1 3DN, Liverpool, Merseyside, Hanover Buildings, 11-13 Hanover Street.

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