Leisure Resorts Limited

Leisure Resorts Limited, based in Bridlington, UK, is a large, active company founded eight years ago. Employing 218 people, it holds £6,979,988 in assets and generates £17,222,794 in yearly revenue. Despite a virtual address shared by ninety other companies, it operates as a regular importer of furniture, lighting, and prefabricated buildings, with a history of importing for ten months. The company is owned by Molloy Claire and Molloy Gary Michael, overseen by directors Gidman Grant Frederic and Molloy Gary Michael.

The company operates within the holiday and collective accommodation industries, offering a range of leisure experiences. While a website isn's available, the nature of the business suggests a focus on providing holiday park facilities and related services. It’s likely they offer self-catering accommodation, recreational activities, and possibly on-site amenities like restaurants or shops.

Financially, Leisure Resorts Limited presents a mixed picture. While turnover remains strong at £17,222,794, it’s dropped by 32% from the previous year. Current assets have decreased by 24%, while net assets have plummeted 73% to just £16,000. Bank borrowings have surged by 2,400%, reaching £29,000, and cash reserves have fallen 30% to £28,000. On the positive side, creditors have decreased by 18%, suggesting better debt management. The company meets two of three criteria to be considered a small company, helping it stay agile. The lack of an auditor mentioned likely means the financial statements are unaudited.

The significant drop in equity and increased borrowings indicate a challenging financial period. It’s possible the company has invested heavily in new facilities or acquisitions, or perhaps faced increased operating costs. The strong turnover suggests continued demand for their services, but managing debt and maintaining cash flow will be critical for their future success.

Registered in England/Wales under the registration number 10528028, 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.