The Clacton Pier Company Limited

The Clacton Pier Company Limited from Clacton-on-Sea, UK, is a large, active family business founded sixteen years ago. Employing 111 people, it holds assets worth £1,784,983 and operates from a real address at Clacton Pier. With three directors and two owners, the company boasts a strong 4.0 Google rating based on over 13,000 reviews. It’s a regular importer, with its top category being toys, games, and sports equipment, with imports occurring for eleven months, the last one in July 2024.

The company’s primary function is to operate Clacton Pier, a popular tourist attraction offering a variety of entertainment and leisure activities. While no website is available, it's reasonable to assume the pier offers a range of amusements, food and beverage options, and other attractions. The pier likely caters to families and tourists seeking a traditional seaside experience.

Financially, The Clacton Pier Company Limited shows a mixed picture. While net assets increased by 16% to £4.3 million, net losses deepened from -£150,000 to -£200,000. Bank borrowings decreased by 11% to £4.8 million, and cash reserves fell 15% to £350,000. Creditors decreased by 12%, suggesting improved debt management. The company meets two of three criteria to be considered large, with turnover over £36 million, balance sheet total over £18 million, and more than 250 employees. The accounts are audited by Sears Morgan Accountancy Limited.

The increase in losses despite improved debt management could be attributed to rising operational costs, particularly in the current economic climate. The company's strong Google rating suggests it maintains a good reputation with customers, which is crucial for attracting visitors and sustaining its business. The continued import activity indicates a commitment to providing a diverse range of products and attractions for its visitors.

Registered in England/Wales under the registration number 06675051, with a registered address at CO15 1QX, Clacton-On-Sea, Essex, Clacton Pier, No. 1 North Sea.

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