Artefact Games Limited

Artefact Games Ltd from Romford UK is a small, active company founded three years ago. With a single employee and a real address, it’s a solo venture led by a director and owner. The company operates an e-commerce site and is an irregular importer of toys, games, and sports equipment, with the last import activity recorded just one month ago in August 2024.

The website, Artefact Games, showcases a range of “Dice Tomes”—award-winning, themed RPG dice sets, each based on an iconic character class. The site offers free shipping over £100 and caters to a global customer base, accepting multiple currencies. It’s clear the company is focused on a niche market, offering a premium product with a strong emphasis on design and quality. The website also has a blog, which is a nice touch.

Financially, Artefact Games Ltd presents a mixed picture. Cash reserves decreased by 8.3% to £30,000, and net assets fell 77% to just -£740—a significant drop. Equity has been declining, and creditors have also decreased, which is a good sign. However, the company’s bank borrowings have increased, and there’s a substantial amount of other taxation and social security payable. 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 sharp equity decline warrants attention. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

It seems like Artefact Games Ltd is experiencing some financial challenges, perhaps typical for a growing e-commerce business. However, the strong product offering and dedicated customer base suggest potential for future success—although the company should keep a close eye on its cash flow and manage its debts carefully.

Registered in England/Wales under the registration number 13575315, with a registered address at RM1 2LX, England, Romford, 5 Midland Court Rear Of 109-113 Victoria Road, Victoria Road.

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