Wax Activity Bars Ltd

Wax Activity Bars Ltd, based in Newquay, UK, is a small, active company founded two years ago. With seven employees and a real address, it’s a solo-founder operation led by one director and owner. Boasting a solid 4.0 Google rating from 949 reviews, the company operates in the public houses and bars industries and is an irregular importer of toys, games, and sports equipment, with one month of imports recorded.

The company’s website showcases a vibrant beachfront venue offering live music, interactive darts, and upcoming escape rooms. It’s clearly focused on creating a fun, engaging experience for customers, with regular events like "WAX Wednesdays" and a new cocktail menu launch. The website highlights a range of activities, from live music performances to themed events like the Beer and Burger Fest, and even offers catering for four-legged friends.

Financially, Wax Activity Bars Ltd presents a mixed picture. Cash reserves have seen a dramatic increase, soaring 6,200% to £890, while bank borrowings have also increased substantially. Creditors have risen significantly, jumping 610% to £40,000, and debtors have ballooned by 1,100% to £53,000. The company's net assets have increased by 220% to £19,000. Depreciation on plant machinery increased by 380% to £780. While the increase in cash is encouraging, the rise in both debtors and creditors suggests potential cash flow challenges. 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 rising debts could be a concern. The absence of an auditor (likely exempt as a small company) means the figures are unaudited.

Registered in England/Wales under the registration number 14189540, with a registered address at TR8 4AB, United Kingdom, Newquay, Cornwall, Wax, Watergate Bay.

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