Greatest Music Of All Time Limited

Greatest Music Of All Time Limited is a small, active company based in Peterborough, UK, established eleven years ago in 2014. It employs just two people and holds £138,083 in assets, operating from a real address shared with only one other business. The company is led by three directors and one owner, and it’s an irregular importer of clothing and accessories, not knitted or crocheted, with a recent import recorded just one month ago.

The company’s website, Bongo’s Bingo, reveals a unique and vibrant business model. It's not a traditional retail operation but rather a live entertainment experience. Bongo’s Bingo is described as a "definitive bingo experience," blending traditional bingo with dance-offs, rave intervals, and audience participation. The company hosts events in almost 50 locations worldwide, offering a nostalgic and immersive party atmosphere with iconic prizes. The website emphasizes ticket sales, app downloads, and private hire options, clearly indicating a focus on event promotion and direct customer engagement. There's no obvious e-commerce element beyond ticket sales.

Financially, Greatest Music Of All Time Limited presents a mixed picture. While cash bank on hand increased significantly by 1,100% to £29,000, net assets decreased by 73% to -£100,000—a substantial loss. Creditors have increased by 39% to £250,000, and trade debtors rose 16% to £79,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity is concerning. The company's accounts are abridged and unaudited, and no auditor is mentioned.

The increase in debt suggests the company may be burning through cash to fuel its entertainment events, and the decrease in equity raises questions about its long-term financial health. It's possible that the company is reinvesting heavily in marketing and event production, but the trend warrants careful monitoring.

Registered in England/Wales under the registration number 08850233, with a registered address at PE8 5SG, England, Peterborough, Home Farm House, Lilford.

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