Funstation Limited

Funstation Ltd from Northampton UK: a large company, holding company, active status, founded 21 years ago, employing 138 people, with £4,965,558 in assets and yearly revenue of £12,944,868. It operates from a virtual address, overseen by four directors and one owner. The company regularly imports toys, games, and sports equipment, with 13 months of import activity recorded.

Funstation's core business revolves around providing family fun and entertainment. Its website showcases a wide range of attractions, from thrilling arcade games and immersive VR experiences to prize-winning games and even a laser station. It’s clear they’re aiming for an ecommerce model, with a focus on cashless gameplay, prize redemption, and a seamless online experience. The site actively promotes its multiple locations across the UK, highlighting its commitment to providing a fun, family-friendly environment. They even have a blog section, keeping customers updated on news and promotions.

Financially, Funstation presents a mixed picture. While turnover remained steady at £13 million, net assets decreased by 33%, falling to £7.2 million. Bank borrowings increased significantly, reaching £29,000, while cash reserves declined by 24%, settling at £1.7 million. Creditors, however, decreased by 16%, suggesting improved debt management. The company meets two of three criteria to be considered large, with turnover exceeding £36 million and assets over £18 million, but with 138 employees, it’s not quite meeting the threshold for a large workforce. The absence of an auditor mentioned in the report suggests it’s likely exempt, relying on unaudited statements.

The company’s financial performance indicates some pressures, but it’s likely a result of the business investing in expansion and maintaining its multiple locations. The holding company structure suggests a broader investment strategy, and the ongoing import activity demonstrates a commitment to providing a diverse range of products. It’s likely the company is navigating typical challenges associated with growth and maintaining a large physical presence.

Registered in England/Wales under the registration number 05050529, with a registered address at NN3 6WL, United Kingdom, Northampton, Pacioli House 9 Brookfield, Duncan Close, Moulton Park.

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