Esports Engine Uk Ltd.

Esports Engine Uk Ltd is a small, active company based in London, UK. Founded four years ago in January 2021, it employs five people and holds assets valued at £8,726,214. The company, which has three directors and no listed owners, operates from a real address shared by five other businesses. It’s a regular importer of machinery, boilers, and mechanical appliances, with three months of import activity recorded, the latest in September 2023. It also exports toys, games, and sports equipment, though less frequently, with one month of export activity as of October 2023.

The company’s website, Esports Engine, suggests a focus on the esports industry. It appears to be a platform for live event production and broadcasting, though its current activities are limited. The site highlights a focus on high-quality production and a commitment to delivering engaging experiences for fans.

Financially, Esports Engine Uk Ltd presents a mixed picture. Current assets have increased significantly by 230%, reaching £8,700,000, while net assets have increased by 1000%, reaching £710,000. However, cash reserves have decreased by 91%, dropping to £73,000. Bank borrowings have increased dramatically, reaching £840,000, and trade debtors have ballooned by 360%, reaching £8,600,000. 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 decline in cash and increase in debt raise concerns. The company has not been audited, and the unaudited figures rely on director-reported data.

The company's financial statements indicate a significant increase in profitability, with net losses decreasing by 900%, reaching £650,000. However, the surge in debt and the decrease in cash reserves suggest that the company may be burning through money. The lack of employees (five reported) hints at a lean operation, but the increase in debt raises questions about its long-term sustainability.

Registered in England/Wales under the registration number 13163828, with a registered address at SW1P 4QP, England, London, Millbank Tower Faceit 25th Floor, 21-24 Millbank.

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