Waterside Leisure Uk Limited

Waterside Leisure Uk Ltd is a small, family-run business based in Loughborough, UK, with an active trading status. Founded 33 years ago in 1992, it employs eight people and holds £269,574 in assets. The company has two directors and three owners, operating from a real address at Hayhill Industrial Estate. It’s an irregular importer, with its top import category being optical and medical tools and devices, totaling 2 months of imports, the last operation was conducted on August 01, 2022.

The company’s website, Waterside Leisure, specializes in hot tubs, spas, swimming pools, and related accessories. They also offer services like installation, maintenance, and repair, catering to customers throughout the East Midlands area. Notably, they’re a chosen supplier for television and radio programs, highlighting their reputation and reach. The website mentions a showroom and even a self-play system integration for pianos, hinting at a diverse range of products and services.

Financially, Waterside Leisure Uk Ltd shows some concerning trends. Current assets decreased by 13%, falling to £270,000, while net assets also dropped by 16%, settling at £300,000. Bank borrowings decreased by 31%, reaching £14,000, and cash reserves increased by 50%, rising to £63,000. Creditors decreased by 2.5%, suggesting better debt management. The company meets two of three criteria to be considered small – turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The decrease in net assets, however, is a potential cause for concern, and the company’s reliance on creditors should be monitored. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Waterside Leisure Uk Ltd seems to be navigating a period of change. While the company’s reputation and diverse offerings are strengths, the recent financial trends suggest a need for careful management and a focus on improving profitability.

Registered in England/Wales under the registration number 02716426, with a registered address at LE12 8LD, Loughborough, Leicestershire, Unit 3, Hayhill Industrial Estate Hayhill, Barrow Upon Soar.

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