The Boardroom Climbing Ltd

The Boardroom Climbing Ltd, based in Queensferry, UK, is a small, active company established twelve years ago. With 29 employees and £105,093 in assets, it operates as an irregular importer, primarily dealing with iron or steel products, with its last import operation recorded two months ago in August 2023. The company is owned by Browning Lee Aubyn and Thomas David Lloyd, and managed by the same individuals as its directors. Its registered address is a real address, shared by only one other company.

The company’s core business is climbing, with locations in both North Wales and Wimbledon, London. Its website highlights a focus on health, happiness, and personal development through climbing, catering to both recreational and serious climbers. It offers a bouldering gym and climbing shop, aiming to inspire and help individuals realize their full potential. The website also mentions a focus on piano restoration, a separate business under the same branding.

Financially, The Boardroom Climbing Ltd shows some concerning trends. Current assets have decreased significantly by 54%, falling to £110,000. Debtor values have plummeted by 83%, and cash reserves have dropped dramatically by 94%, leaving only £240. Bank borrowings have remained relatively stable, but creditors have increased by 16%, and future minimum lease payments have decreased by 12%. The company’s small size, meeting two of three criteria for a small company, helps it remain agile, but the sharp decline in cash and assets suggests it may be burning through money. The lack of an auditor mentioned—likely due to its small size—means the figures are unaudited. It seems like the company is facing some financial pressures, though the piano restoration arm appears to be thriving.

Registered in England/Wales under the registration number 08523272, with a registered address at CH5 2DH, Queensferry, Flintshire, The Boardroom Climbing Ltd Rectors Lane Ind. Est., Rectors Lane, Pentre.

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