Lucky Voice Group Limited

Lucky Voice Group Limited, based in London, UK, is a small, active company founded eighteen years ago in 2007. With twenty-eight employees and £747,771 in assets, it operates from a real address on Poland Street. The company is led by three directors and owned by two individuals, though this list isn't exhaustive. It’s a regular importer, specializing in electrical machinery and equipment, with nine months of import activity recorded, the last in November 2022.

Lucky Voice operates a network of private karaoke rooms and late-night cocktail bars across several prime city locations, including Holborn, Islington, Liverpool Street, Soho, and Waterloo. The business model revolves around offering a unique entertainment experience: private rooms for groups, a wide selection of songs, and a vibrant atmosphere. The website highlights various packages and experiences, from birthday celebrations to corporate events, catering to a diverse range of customers. It’s a place where people come to let their hair down, sing their hearts out, and enjoy a memorable night. The company also operates retail sales via mail order houses or via internet, and licensed clubs.

Financially, Lucky Voice Group Limited’s recent report shows some concerning trends. Net assets plummeted 45% to -£2.6 million, and cash reserves fell 30% to £110,000. Bank borrowings increased by 3%, reaching £720,000. While current assets decreased by 16% to £750,000, trade creditors decreased by 21%, suggesting better debt management. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. The company’s auditor is Old Mill Audit Limited.

Despite these challenges, Lucky Voice’s focus on providing a unique entertainment experience and its presence in high-traffic locations could help it weather the storm. The company’s ability to adapt to changing consumer preferences and manage its finances effectively will be crucial for its long-term success.

Registered in England/Wales under the registration number 06160379, with a registered address at W1F 7NN, England, London, 55-56a Poland Street.

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