Playjam Ltd

Playjam Ltd, based in Haywards Heath, UK, is a small, active company founded 28 years ago in 1997. With just one employee and £4,496,794 in assets, it operates from a virtual address shared by 31 other companies, which is a bit odd. The company is run by one director and one owner, though the list of owners changed nine years ago. Playjam is an irregular importer, bringing in electrical machinery and equipment, but only for a short period – just one month’s worth of imports recorded back in 2017.

The company’s website is minimal, offering little insight beyond its core business: television programming and broadcasting activities. There's no e-commerce element visible, suggesting a B2B model or licensing of content rather than direct sales. It’s a small company, meeting two of the three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Financially, Playjam Ltd presents a mixed picture. While net assets remained stable at £4,800,000, bank borrowings increased significantly by 27%, reaching £29,000. Creditors also saw a substantial jump of 15%, rising to £19,000,000, which could indicate increased reliance on supplier credit. Cash reserves held steady at £100,000. The company’s fixed assets, including computer equipment, have seen depreciation, but investments remain constant. The company's debts are secured by a floating charge against its assets. There's no mention of an auditor, likely due to its small size and exemption from an audit.

Overall, Playjam Ltd appears to be a modest operation with a long history, but the increased borrowing and rising creditors suggest it’s burning through money faster than it’s bringing it in. It's a small business, and the lack of information online makes it difficult to assess its long-term prospects.

Registered in England/Wales under the registration number 03364451, with a registered address at RH16 4NG, England, Haywards Heath, Aberdeen House, South Road.

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