Paignton Pier Leisure Limited

Paignton Pier Leisure Ltd, based in Barnstaple, UK, is a small holding company with an active status, established four years ago. Employing 19 people, the company holds £765,754 in assets, though its registered address is likely a virtual one, shared by 81 other companies. Led by four directors and a single owner, it maintains a respectable Google rating of 4.0 based on 8126 reviews. The company regularly imports toys, games, and sports equipment, with the most recent import occurring in March 2025.

The company’s website primarily serves as a login or signup page for Facebook, offering standard social media features. There's no direct indication of e-commerce activity on the site itself, suggesting the company may operate behind the scenes or utilize other platforms for sales. It’s likely that the pier itself is the primary revenue generator, leveraging its physical location and attractions.

Financially, Paignton Pier Leisure Ltd presents a mixed picture. While current assets increased by a substantial 84%, reaching £770,000, net assets decreased by 6.8% to £500,000. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, 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. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Paignton Pier Leisure Ltd seems to be navigating a period of financial adjustment. The increase in borrowings suggests a need for capital, while the decrease in cash reserves could indicate challenges in managing day-to-day expenses. The pier's popularity, as reflected in its Google rating, provides a foundation for future success, but careful financial management will be crucial to ensure long-term stability.

Registered in England/Wales under the registration number 12984431, with a registered address at EX31 1SQ, United Kingdom, Barnstaple, Devon, 47 Boutport Street.

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