Pleasure Beach Amusements (skegness) Limited

Pleasure Beach Amusements Skegness Ltd, based in London, UK, is a small, family business with an active status, celebrating 60 years since its founding in 1965. The company employs 54 people and holds £682,369 in assets, operating from a virtual address. It’s led by three directors and owned by two individuals, with a solid Google rating of 4.0 based on nearly 2,300 reviews. Regular imports of toys, games, and sports equipment have been recorded for the last four months.

The company's core activity revolves around operating amusement parks and theme parks. While a website isn't available, the company’s presence is primarily felt through its physical location in Skegness. It's a popular destination for families and tourists, offering a range of rides, attractions, and entertainment.

Financially, Pleasure Beach Amusements Ltd presents a mixed picture. Current assets have decreased by 37%, falling to £680,000. Bank borrowings have significantly reduced by 68%, dropping to £54,000, and cash reserves have also fallen by 47%, leaving £460,000. Creditors have also decreased by 30%, suggesting improved debt management. The company meets the criteria to be considered a small company, with a turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. However, a notable decrease in net assets, from £2.1 million to £2.2 million, and a rise in employee numbers from 54 to 64, raise questions about its long-term sustainability. The company’s unaudited financial statements, prepared by Richard Anthony, do not mention an auditor. The company’s equity has increased slightly, from £2.1 million to £2.2 million. It’s clear that the company is facing some financial pressures, but its established brand and loyal customer base offer a degree of resilience.

Registered in England/Wales under the registration number 00838474, with a registered address at N3 2JX, United Kingdom, London, Ground Floor Cooper House, 316 Regents Park Road.

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