Genesis Games Limited

Genesis Games Ltd, based in Reading, UK, is a small, family-run business with an active status. Founded 22 years ago in 2002, the company employs six people and holds £1,348,957 in assets. It operates from a virtual address, registered with fifty other companies, and is led by three directors and two owners. Genesis Games is a regular importer and exporter of toys, games, and sports equipment, with 26 months of import activity and 22 months of export activity recorded.

The company's website focuses on distributing gaming machines for AMATIC Industries, a German manufacturer. Genesis Games acts as an exclusive supplier in the UK and Ireland, showcasing a range of machines and offering services like installation and maintenance. The website highlights new product releases, exhibitions, and promotional offers, indicating a focus on building relationships with customers and staying current with industry trends. It's clear that Genesis Games isn’s a direct-to-consumer retailer, but rather a business-to-business supplier.

Financially, Genesis Games Ltd presents a mixed picture. Current assets increased by 11% to £1,300,000, while net assets rose by 1.6% to £230,000. However, bank borrowings decreased by 35% to £18,000, and cash reserves fell by 65% to £22,000. Trade debtors increased by 18%, which could be a sign of growing sales but also a potential risk if payments are delayed. Creditors increased by 22%, which is not necessarily a bad thing, but it’s something to keep an eye on. The company meets the criteria for being a small company, and no auditor is mentioned, meaning the figures are unaudited.

Overall, Genesis Games Ltd appears to be a stable, if somewhat lean, operation. Its focus on a niche market—distributing gaming machines—and its partnership with a reputable manufacturer seem to provide a solid foundation. The slight decrease in cash reserves is something to monitor, but the company’s overall financial health seems to be holding steady.

Registered in England/Wales under the registration number 04571107, with a registered address at RG1 8LS, England, Reading, James Cowper Kreston 8th Floor South, Reading Bridge House, George Street.

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