Fair Games Uk Ltd

Fair Games Uk Ltd is a small, active company based in London, UK, established nineteen years ago in 2005. With three employees and £137,414 in assets, it operates from a virtual address shared by over 28,000 other companies, a fact that raises some questions. The company is led by one director, Gonzalez Graham Robert Ashley, and has no reported owners. It’s an irregular importer, having imported goods for just one month, with the last activity recorded way back in May 2016.

The company's website highlights its focus on gaming and furniture, with a particular emphasis on digital signage solutions and casino pay hubs. It’s been developing new games and products for over fifteen years, aiming to meet customer demands with innovative gaming technologies. The site also mentions licensing and regulation by the Gambling Commission, a key aspect of its operations.

Financially, Fair Games Uk Ltd presents a mixed picture. Current assets have declined by 19%, falling to £140,000, and net assets have plummeted a staggering 95%, now standing at just £3,800. Bank borrowings remain steady at £5,600, but cash reserves have decreased by 12%, down to £15,000. Creditors have significantly increased by 72%, reaching £100,000, while trade debtors have also fallen by 20%. The company’s small size—meeting two out of three criteria for a small company—helps it stay nimble, but the sharp decline in equity is concerning. The unaudited financial statements, prepared by Cooper Parry, don’t mention an auditor, which is common for small, exempt companies.

Overall, Fair Games Uk Ltd appears to be facing financial headwinds. While it maintains a presence in the gaming and furniture sectors, the significant drop in equity suggests it’s burning through money. The lack of owners and reliance on a single director could also indicate management challenges, though more information would be needed to draw definitive conclusions.

Registered in England/Wales under the registration number 05603490, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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