The Ludoquist Limited

The Ludoquist Limited is a small, family-run business based in Croydon, UK, with an active status. Founded nine years ago in 2016, it employs eighteen people and holds £205,946 in assets. With two directors and two owners, the company operates as a board game café and bar, boasting a stellar 5.0 Google rating from 1370 reviews. It regularly imports toys, games, and sports equipment, with its last import operation recorded three months ago in August 2022.

The company’s website, The Ludoquist, showcases a vibrant space where customers can enjoy a selection of board games alongside food and drinks. It operates as a café with a retail section, selling games and accessories, and even offers a “Collecto” loyalty program. The site highlights a welcoming atmosphere, a diverse game library, and a commitment to providing a fun and social experience.

Financially, The Ludoquist Limited presents a mixed picture. Current assets increased by 23%, reaching £210,000, while net assets improved by 12%, settling at -£78,000. Bank borrowings decreased by 46%, dropping to £12,000, and cash reserves saw a significant boost, rising by 110% to £53,000. Creditors also decreased by 5.7%, suggesting better management of short-term liabilities. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the negative equity remains a concern. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Overall, The Ludoquist Limited appears to be navigating a challenging financial landscape. While the café’s popularity and positive reviews are encouraging, the company will need to carefully manage its expenses and continue attracting customers to ensure its long-term viability.

Registered in England/Wales under the registration number 10119388, with a registered address at CR0 1XU, United Kingdom, Croydon, 42 Tamworth Road.

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