Lakeside Mall Entertainment Centre Limited

Lakeside Mall Entertainment Centre Ltd, based in Bournemouth, UK, is a small holding company with an active status. Founded nine years ago in 2016, it employs 34 people and holds £231,947 in assets. The company, with three directors and one owner, maintains a real address and boasts a strong Google rating of 4.0 from over 26,000 reviews. It’s an irregular importer, primarily dealing in miscellaneous manufactured goods, with its last import operation occurring just last month.

The company operates as a shopping centre, offering a wide range of entertainment, dining, and retail experiences. Its website highlights upcoming events like the Lakeside Fashion Show, alongside updates on centre improvements and a blog featuring content like promotions and style guides. Shoppers can find everything from fashion retailers like New Look and Moss to dining options like Greggs and Bella Italia, alongside leisure activities like Flip Out and a Champagne Bar. The centre also offers various services, including baby changing facilities, a cash machine, and cycle parking.

Financially, Lakeside Mall Entertainment Centre Ltd shows some concerning trends. While current assets increased by 7.4% to £230,000, net assets decreased by 22% to -£5.7 million. Bank borrowings increased by 5.7% to £5.8 million, and cash reserves remained steady at £900. The number of employees has increased by 32% to 45, which may be a sign of growth but also could indicate increased operational costs. Creditors decreased by 23%, suggesting better debt management, but the substantial negative equity is a red flag. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the declining equity warrants closer scrutiny. The accounts are unaudited, and no auditor is mentioned.

Overall, Lakeside Mall Entertainment Centre Ltd appears to be facing financial pressures despite its strong Google rating and diverse offerings. The increase in employees and the significant negative equity suggest the company may be burning through money, and its future success hinges on its ability to attract and retain customers while managing its expenses effectively.

Registered in England/Wales under the registration number 10179022, with a registered address at BH2 5AA, England, Bournemouth, Oceanarium, Pier Approach.

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