Playground Projects Ltd

Playground Projects Ltd, based in Carlisle, UK, is a small holding company with an active status, having been founded 16 years ago. The company employs 14 people and holds £208,383 in assets. It’s managed by a single director and owner, and boasts a stellar 5.0 Google rating based on 11 reviews. The company regularly imports toys, games, and sports equipment, with recent activity recorded three months ago.

The company’s website reveals a consultancy focused on playground safety inspections and management. Run by Adrian John Knight, the business offers independent inspections, operational checks, and post-installation assessments. It also provides project management and training services, catering to schools and other organizations. The website emphasizes the owner’s extensive experience and commitment to providing a personal and flexible service, operating from a base near Rossendale, Lancashire.

Financially, Playground Projects Ltd presents a mixed picture. Current assets have fallen by 14%, dropping to £210,000, while net assets have plummeted a staggering 1200%, resulting in a negative balance of -£220,000. Bank borrowings have increased significantly by 150%, reaching £110,000, and cash reserves have fallen by 31% to £59,000. However, creditors have decreased by 75%, suggesting improved debt management. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the sharp decline in equity is concerning. No auditor is mentioned, which is typical for small companies.

Overall, Playground Projects Ltd appears to be navigating a challenging financial period. While its consultancy services seem well-regarded, the company’s equity position requires close attention. The increase in bank borrowings suggests a reliance on external funding, and it will be interesting to see how the company manages its financial obligations in the coming months.

Registered in England/Wales under the registration number 06679906, with a registered address at CA6 4BU, England, Carlisle, Suite 0262, Unit D3 Mod Village Baron Way, Kingmoor Business Park.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.