Mermaid Leisure Limited

Mermaid Leisure Limited, based in Rye, UK, is a small, family-run business with an active status, celebrating ten years since its founding in 2014. The company employs fourteen people and holds £337,782 in assets, though its registered address is likely virtual, as forty-five companies share the same location. Two directors and two owners manage the operations, and the business boasts a respectable Google rating of 4.0 based on twenty-five reviews. It’s an irregular importer, specializing in machinery, boilers, and mechanical appliances—parts, with the last import operation recorded two months ago in September 2022.

The company's website showcases Mermaid Pools, a multiaward-winning business focused on swimming pool design, construction, and refurbishment. They offer a wide range of services, from initial guidance and design to installation, maintenance, and even the sale of hot tubs, saunas, and outdoor kitchens. The website highlights their expertise in air source heat pumps, automatic pool covers, and pool enclosures, catering to a high-end clientele seeking luxury outdoor living solutions. They also have a showroom in Harrods, London.

Financially, Mermaid Leisure Limited presents a mixed picture. Current assets have decreased by 13% to £340,000, while net assets have fallen 11% to £150,000. Bank borrowings have also decreased by 47%, reaching £11,000, and cash reserves have fallen 35% to £150,000. Creditors have decreased by 11%, suggesting better debt management. The company meets the criteria for a small business—turnover less than £10.2 million, assets under £5.1 million, and fewer than fifty employees—and is exempt from an audit. The company’s small size helps it stay agile, but the decrease in equity raises questions about its long-term financial health. The company is not required to deliver a profit and loss account.

Registered in England/Wales under the registration number 09088964, with a registered address at TN31 7LJ, United Kingdom, Rye, East Sussex, Landgate Chambers, 24 Landgate.

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