One Escapism Ltd

One Escapism Ltd, based in Poole, UK, is a small, active company founded twelve years ago. Despite its age, the business is facing some financial headwinds, with accounts overdue for three years and confirmation overdue by a year. The company employs five people and holds £46,445 in assets, operating from a real address and managed by a single director and owner – a solo founder. It's an irregular importer, primarily bringing in stone, plaster, and cement products, with just one month of import activity recorded as of March 9, 18.

The company’s website, escapismplymouth.co.uk, reveals a more vibrant picture. It operates live escape rooms in Plymouth, offering a popular team-building activity and entertainment option. The site emphasizes immersive experiences, challenging puzzles, and a fun, social atmosphere, with a 5-star Google rating. It also offers corporate events, gift vouchers, and a shop selling merchandise, suggesting a focus on customer engagement and revenue diversification. The website clearly states the business is Plymouth’s premier live escape room.

However, the financial data paints a concerning picture. Accumulated depreciation has increased by 34%, while the number of employees has dropped to zero. Cash reserves have plummeted by 99%, leaving just £530 in the bank. Creditors have decreased by 63%, but current assets have also fallen by 65% to £46,000. Net assets have increased by 12%, but net current assets have decreased by 55%. While the company’s small size (meeting two of three criteria for being small) allows for agility, the dramatic decline in cash and assets suggests it’s burning through money. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

In short, One Escapism Ltd appears to be struggling financially, despite a popular and well-reviewed escape room business. The sharp decrease in cash and assets raises questions about its long-term viability, and it’s unclear if the company can sustain its operations without additional funding or a significant turnaround in performance.

Registered in England/Wales under the registration number 08403341, with a registered address at BH14 8UF, England, Poole, Dorset, 21 Church Road.

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