The Wyldes Ltd

The Wyldes Ltd, based in Week St Mary, UK, is a small, active company founded sixteen years ago in 2008. With seven employees and £128,638 in assets, it operates as an irregular importer of machinery, boilers, and mechanical appliances—parts, with a recent import recorded just one month ago. The company, with four directors and three owners, is registered at a real address and is currently overdue on both its accounts and confirmation statements.

The Wyldes Ltd primarily functions as a live music events venue, hosting a variety of artists and offering camping and glamping options for attendees. Its website showcases a diverse lineup of performers, ranging from Anne-Marie to Simple Minds, and highlights its commitment to bringing global talent to the Cornish coast. The venue also operates Leopallooza Festival, a well-regarded event drawing crowds from across the region. The website is well-designed and clearly focuses on event promotion and ticket sales, with a mailing list signup for updates. It doesn's appear to be a traditional e-commerce site selling physical products, but rather a platform for event discovery and booking.

Financially, The Wyldes Ltd is showing some concerning trends. Accumulated depreciation has risen significantly, 63%, indicating increased wear and tear on its property and plant equipment. Cash bank on hand has also dropped by 54%, and current assets have plummeted 70% to just £130,000. While bank borrowings have decreased, creditors have also risen, suggesting a need to manage debt effectively. The company’s small size—meeting two of three conditions for being classified as small—allows for agility, but the decline in equity, falling to -£610,000, is a significant concern. The lack of an auditor mentioned, likely due to its small size, means the figures are unaudited.

Overall, The Wyldes Ltd seems to be facing financial pressures, despite its popular events and well-maintained venue. The company's reliance on live events revenue, combined with rising costs and declining assets, could pose a challenge in the long term.

Registered in England/Wales under the registration number 06715913, with a registered address at EX22 6UX, England, Week St Mary, Cornwall, The Wyldes Ltd, Lower Exe Farm.

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