Longfish Leisure Uk Ltd

Longfish Leisure Uk Ltd, based in Exeter, UK, is a small, active company founded four years ago. With £57,818 in assets and a real address, it's managed by two directors and one owner, Lintott Oliver. The company regularly imports toys, games, and sports equipment—four months of activity recorded—and occasionally exports vehicles, parts, and accessories, with two months of export activity.

The company’s website showcases a unique business model: supplying sophisticated electric rental equipment to the recreation market. Products range from mini boats and cars to lounge boats and themed rentals, all designed for commercial use and appealing to a wide range of ages. The company operates on a revenueshare basis, offering flexible packages and emphasizing a strong return on investment with minimal setup costs. A blog section highlights partnerships and new product developments, indicating an active marketing strategy.

Financially, Longfish Leisure Uk Ltd presents a mixed picture. While cash bank on hand increased by a significant 87%, reaching £31,000, net assets took a substantial hit, dropping 610% to -£12,000. Creditors also increased by 47%, reaching £79,000, and trade debtors decreased by 62%, suggesting potential issues with customer payments. Average number of employees has risen to one, a change from zero reported previously. The company meets two of three criteria to be considered small—turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—and is likely exempt from an audit.

The significant drop in equity suggests the company is burning through cash, despite increased cash reserves. This could be due to increased investment in inventory or marketing efforts to support its rental equipment business. With no auditor mentioned, the figures rely on unaudited statements, and the company's long-term financial health remains uncertain.

Registered in England/Wales under the registration number 13306454, with a registered address at EX5 5JR, England, Exeter, Berribridge House, Thorverton.

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