Pinball Brothers Limited
- Small
- Holding
- Active
- 8 years
- 3 employees
- £344 (assets)
- Virtual address
- 1 director
- 1 owner
- Irregular importer
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Pinball Brothers Limited is a small, holding company based in Staverton, UK, with an active trading status. Founded seven years ago in June 2017, it employs just three people and holds £344 in assets. The company operates from a virtual address, registered at an address shared by fifteen other companies, and is managed by one director and one owner. It’s an irregular importer, primarily dealing in toys, games, and sports equipment, with its last import operation occurring in January 2018.
The company’s website, Pinball Brothers, focuses on reviving the classic pinball experience. Founded by enthusiasts, it aims to revisit the world of pinball with new technology and a broader audience. The site highlights its “Razorback” electronic system and offers distribution opportunities for pinball machines. It’s clear that the company is trying to build a brand around a niche hobby.
Financially, Pinball Brothers Limited presents a mixed picture. Current assets have decreased by 32% to £340, while net assets have fallen by 25% to -£400,000. Bank borrowings have increased by 160%, reaching £340, and cash reserves have dropped to £370. Creditors have decreased by 26%, suggesting improved debt management. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible, but the decline in equity is concerning. With no auditor mentioned, the figures are unaudited.
Overall, Pinball Brothers Limited seems to be facing financial challenges. While its website and niche focus demonstrate potential, the declining assets and increasing debt suggest it's burning through money. The company’s reliance on a single director and owner could also be a management issue.
Registered in England/Wales under the registration number 10822960, with a registered address at GL51 6TQ, United Kingdom, Staverton, Cheltenham, Midway House Staverton Technology Park, Herrick Way.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 8 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 8 years
-
Resident of Sweden
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Confirmation statement made on 2024-11-30 with updatesDownload 5 pages pdf report
-
Unaudited abridged accounts made up to 2024-06-30Download 10 pages pdf report
-
Termination of appointment of Roger Johan Eilertsen Svanevik as a director on 2023-12-15Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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