Gordian Knot Games Ltd

### Gordian Knot Games Ltd: A Small Business Navigating Challenges

Gordian Knot Games Ltd, based in Gravesend, UK, is a small, active company with a trading status. Established in 2023, the company employs four people and holds £100,000 in current assets. It operates from a real registered address and is overseen by a single director. The company’s website, gordianknotgames.com, showcases a selection of board games and gaming accessories, with a focus on unique and niche titles. It also offers a range of gaming-related merchandise.

The website highlights a curated collection of board games, card games, and miniatures, catering to hobbyists and casual gamers alike. It also features a blog with reviews and articles about gaming. While the website is active, it’s unclear how much revenue it generates. The company’s focus on niche titles suggests an attempt to differentiate itself from larger retailers.

Financially, Gordian Knot Games Ltd presents a mixed picture. Net assets decreased by 38% to -£21,000, indicating a loss-making business. Cash bank on hand plummeted 900% to -£2,400, a concerning trend. Trade debtors increased significantly by 420%, which could be a sign of customers taking longer to pay. Creditors also increased by 36%, suggesting a reliance on short-term financing. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it's exempt from an audit, and the accounts are unaudited.

The accounts were prepared by MCC Partners. The company's reliance on retained earnings, which are now negative, suggests it’s burning through money. While the website appears functional, the financial data paints a picture of a company struggling to achieve profitability. Whether the company can turn things around will depend on its ability to generate more revenue and manage its expenses effectively.

Registered in England/Wales under the registration number 07583585, with a registered address at DA11 0BJ, England, Gravesend, The Mug And Meeple, Town Pier.

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