Hybrid Games And Entertainment Ltd

Hybrid Games And Entertainment Ltd from London UK: small company, active status, founded 5 years ago, 1 employee, virtual address, 1 director, 1 owner, solo founder. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the retail sale of games and toys in specialised stores, the retail sale via mail order houses or via internet, the business and domestic software development, the management consultancy activities other than financial management industries.

The company's website currently displays a "We'll Be Back Shortly!" message, indicating an ongoing update. Visitors are invited to subscribe to a mailing list to be notified upon relaunch. There's also an option to allow the website to collect visitor and device information for statistical purposes. The site currently lists "Sold Out" for an unspecified product, suggesting a limited-time offering or a product experiencing high demand.

Financially, Hybrid Games And Entertainment Ltd presents a mixed picture. While cash reserves declined by 8% to £3,900, creditors decreased slightly by 8%, suggesting improved debt management. Equity, however, saw a modest increase of 12%, and net assets liabilities remained stable at £160. A significant spike in "Other Creditors" (increasing by over 5,200% to -£4,600) and a 170% rise in "Taxation Social Security Payable" indicate potential cash flow pressures. The company's single employee reported a 100% increase, which is a bit surprising given the small size and could be a temporary situation. The accounts are described as "Filleted Accounts" and are unaudited, relying on director-reported data.

Overall, Hybrid Games And Entertainment Ltd appears to be navigating a period of transition. The website update suggests a focus on improving the customer experience, but the financial data reveals a need to carefully manage cash flow and address rising liabilities. It’s likely the company is working to scale its operations, but the increased creditors and taxes suggest it’s burning through money a little too fast.

Registered in England/Wales under the registration number 12516313, with a registered address at N16 9BS, England, London, 17 Green Lanes.

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