Manchester Tennis & Racquet Club Limited

Manchester Tennis & Racquet Club Limited, based in Salford, UK, is a small, active company founded eight years ago in 2016. With six employees and £202,141 in assets, it operates as a members sports club, boasting a stellar 5.0 Google rating from 44 reviews. The club has seven directors but no reported owners, a common situation for smaller entities. It’s an irregular importer, with its top import category being Drinks, Alcohol, and Vinegar, totaling 1 months of imports. The last import operation was conducted on July 01, 2022.

The club’s website highlights its rich history, dating back to 1874, and its unique setting on Blackfriars Road. It offers real tennis, rackets, and squash, alongside a lounge and dining room. Members benefit from special rates at a nearby aparthotel, CitySuites, and reciprocal access to prestigious clubs like London's Savile Club. The website also emphasizes COVID-19 safety measures, reflecting the club’s commitment to member well-being.

Financially, Manchester Tennis & Racquet Club Limited presents a mixed picture. Cash bank on hand decreased by 55% to £16,000, while bank borrowings fell by 27% to £27,000. Creditors decreased by 12% to £140,000, and current assets dropped by 19% to £200,000. However, net assets increased by 15% to £67,000, and net current assets decreased by 30% to £64,000. 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 decline in cash reserves and net current assets could indicate a need for careful financial management. The company is exempt from an audit as a small company, and the figures are unaudited.

Registered in England/Wales under the registration number 10227576, with a registered address at M3 7AQ, Salford, 33 Blackfriars Road.

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