O'rourke Playscapes Ltd

O’Rourke Playscapes Ltd, based in Belfast, UK, is a small, active company founded seven years ago. Despite a solid 4.0 Google rating from 11 reviews, the company currently has accounts overdue for a year, a potential red flag. Employing just three people, it holds £189,791 in assets and operates an e-commerce site selling playground equipment. It has two directors and two owners, and the director list was changed just a month ago, which is a good sign.

The company specializes in outdoor play environments, particularly bespoke timber play ranges, as highlighted on its website. The site showcases a variety of products, including climbing frames, playhouses, and accessories, catering to both residential and commercial customers. It offers free delivery to the UK and Ireland and even provides finance options. The website is clearly designed to drive online sales, with a user-friendly interface and detailed product descriptions.

Financially, O’Rourke Playscapes Ltd presents a mixed picture. While current assets increased by 30% to £190,000, net assets declined by 7.5% to £37,000. Bank borrowings decreased significantly by 81%, dropping to £9,700, and cash reserves fell by 39% to £30,000. Creditors increased by 13% to £150,000, and trade debtors surged by 68%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity suggests a need for careful financial management. No auditor is mentioned, which is common for small, exempt companies. The company's focus on bespoke timber play ranges, combined with its online presence, indicates a strategy of niche marketing and direct-to-consumer sales, but the financial data suggests it may be burning through money.

Registered in Northern Ireland under the registration number NI653120, with a registered address at BT1 3BG, United Kingdom, Belfast, Co Antrim, 17 Clarendon Road Clarendon Dock.

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