Wednesday, September 27th 2023

Escape Hunt PLC

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Making memories, and creating experiences for Escape Hunt

 

“…As a business we will come out of lockdown in quite a strong position to really capture the market’s attention…”

 

When your business model is built on problem solving, team building, fun, close proximity companionship and relies on the physical infrastructure of a building, a pandemic that locks down and isolates isn’t the best for business.

Escape Hunt however was quick to modify its operation from exteriors to online while simultaneously preserving its physical locations which Chief executive Richard Harpham is hopeful will re-open its doors in a ‘matter of weeks.’

That matter of weeks has extended to just over a month with Wednesday’s statement that schools would not be re-opening after half term with March 8th being put on the pedestal as the day some semblance of normality will resume.

With ample working capital, an oversubscribed placing with director participation in January and a board known for agile problem solving, Escape Hunt has not only extended its physical estate but its online digital offering too.

Listen to Richard talk to Sarah Lowther about the working capital that will withstand extended lockdowns, the early excitement being generated about the business in the U.S., and why ‘seventeen’ is a magic number.

 

Watch Escape Hunt employee James talk you through how a remote escape room works from the comfort of your home.

 

 

The author was remunerated but does not hold shares in the company

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