Splasherist Limited

Splasherist Limited, based in Bath, UK, is a small, active company founded just one year ago in May 2023. It’s a private limited company with two directors and two owners, operating from a real address at 7 High Street, Weston. The company is registered as meeting two of three conditions for being considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website paints a picture of a unique and energetic business. Splasherist offers "rage painting" workshops, SplasDance sessions, and membership packages, all centered around creative expression through paint, music, and movement. It caters to a range of events, from birthday parties and hen dos to corporate team-building exercises. The website emphasizes a fun, cathartic experience, with options for private events and even a "self-discovery" package. They’re clearly targeting a market seeking something a little different.

Financially, Splasherist Limited is showing some concerning trends. Net assets have plummeted to -£14,000, a significant drop from the previous year. Cash reserves are holding steady at £500, but loans from directors have remained at £15,000. Creditors also remain unchanged at £15,000. The company’s small size and lack of employees (zero reported) keep overheads low, but the negative equity suggests it’s burning through cash. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

While the website shows a vibrant and engaging business, the financials reveal a company struggling to gain traction. Perhaps the unique service offering hasn’s yet translated into sustainable profitability, or maybe the company is investing heavily in marketing and expansion. It’s a precarious position for a young company, but the creative concept and enthusiastic marketing could still turn things around.

Registered in England/Wales under the registration number 14865590, with a registered address at BA2 4JT, England, Bath, 12 Widcombe Parade, Claverton Street.

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