5 Play Limited

5 Play Limited is a small, active company based in Chesterfield, UK, established thirteen years ago in May 2012. The company, with a single employee and £401,605 in assets, operates from a real registered address and is led by a solo founder who also serves as director and owner. It regularly imports toys, games, and sports equipment, with the last import operation recorded four months ago in June 2022. The business engages in other retail sale not in stores, stalls or markets.

The company’s website is currently unavailable, making it difficult to assess its online presence or e-commerce activities. Without a website, it’s likely 5 Play Limited relies on wholesale or other offline sales channels.

Financially, 5 Play Limited presents a mixed picture. While current assets increased by 13% to £400,000, net assets decreased by 50% to -£18,000. This significant equity drop, despite increased assets, suggests the company is likely burning through cash or facing increased liabilities. Creditors have risen by 4%, indicating a potential increase in short-term debt obligations. Cash bank on hand, however, has seen a substantial increase of 150%, reaching £18,000. Trade debtors have also increased by 61%, which could be a positive sign of increased sales, or a sign that customers are taking longer to pay. 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 agility, but the negative equity is concerning. With no auditor mentioned, the unaudited figures rely on director-reported data.

The company's financials show a concerning trend of losses, despite increased assets. It's possible that the company is reinvesting heavily in inventory or marketing to drive future growth, but the negative equity suggests a need for careful financial management.

Registered in England/Wales under the registration number 08071393, with a registered address at S45 8AE, England, Chesterfield, Derbyshire, Yew Tree Farm Deep Lane, Hardstoft, Pilsley.

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