Llandudno Pier Trading Limited

Llandudno Pier Trading Ltd, based in St Asaph, UK, is a medium-sized holding company with an active status. Established ten years ago, it employs seventy-nine people and manages assets worth £5.7 million, generating £5.6 million in revenue annually. While boasting a near-perfect 5.0 Google rating from over 24,000 reviews, the company operates from a virtual address shared by 152 other businesses, raising some questions. The business is overseen by one director and one owner, with Tir Prince Raceway Ltd listed as the owner.

The company’s core business revolves around the operation of Llandudno Pier, a popular tourist attraction in North Wales. Its website highlights a range of activities and concessions, including arcades, a Ferris wheel, fishing, and food stalls. The pier also hosts events and offers a unique experience for visitors. The company even has a website for ITV Wales, showcasing its summer months.

Financially, Llandudno Pier Trading Ltd shows a mixed picture. While bank borrowings decreased by 33%, cash reserves fell significantly by 65%, dropping to £410,000. This could indicate increased investment or higher operating expenses. Creditors also decreased by 14%, suggesting improved debt management. The company’s net assets increased by 20%, reaching £6.7 million, a positive sign. However, the significant drop in deferred tax credit, falling by 98%, warrants further investigation. The company’s size—meeting two of three criteria for a medium-sized company—allows for flexibility, but the changes in cash and deferred tax need to be monitored. The company’s accounts are audited by Salisbury & Company Business Solutions Limited.

Overall, Llandudno Pier Trading Ltd seems to be navigating a period of change. The continued popularity of the pier suggests a strong foundation, but the financial shifts indicate a need for careful management and strategic decisions.

Registered in England/Wales under the registration number 09526601, with a registered address at LL17 0RN, United Kingdom, St Asaph, Denbighshire, Irish Square, Upper Denbigh Road.

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