Gaming International Limited

Gaming International Limited, based in Swindon, UK, is a substantial company with a long history, having been established 93 years ago in 1932. Currently employing 50 people, it holds assets valued at £13.3 million and generates an annual revenue of £2.6 million. The company operates as a holding company and is currently active. It’s managed by two directors and owned by Toklon Ltd. Interestingly, it imports machinery, boilers, and mechanical appliances—parts, though irregularly, with the last import occurring over two years ago.

The company’s primary focus appears to be online gambling news and information, as evidenced by its website. It functions as a publisher, offering news, digital archives, and registration services related to the global online and mobile gambling industry. The site features content on casino news, European iGaming Awards, and industry events like the SBC Summit Malta, highlighting partnerships and innovations within the sector. It seems to be a content-driven platform, rather than an e-commerce site, with no clear indication of direct sales or product offerings.

Financially, Gaming International Limited shows some concerning trends. While bank borrowings remained stable, cash reserves declined by 35% to £320,000. Net assets experienced a significant drop, plummeting 87% to just £10 million. Administrative expenses decreased by 9.1%, which is a positive sign, but the substantial decrease in equity suggests a challenging period. Turnover has fallen dramatically, decreasing by 70% to £2.7 million—a significant contraction. Creditors have also decreased, suggesting improved debt management. The company’s fixed assets have also decreased, which could be due to depreciation or asset sales. The lack of an auditor mentioned suggests that the company is exempt from an audit, and the financial statements are unaudited.

Overall, Gaming International Limited is a long-standing player in the gambling news sector, but its recent financial performance indicates potential difficulties. The company’s reliance on advertising revenue and its ability to adapt to the evolving online gambling landscape will be crucial for its future success.

Registered in England/Wales under the registration number 00263234, with a registered address at SN25 4DN, Swindon, Wiltshire, Abbey Stadium, Lady Lane Blunsdon.

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