Playlearn Ltd

Playlearn Ltd from Manchester UK: a small holding company with an active status, was founded 17 years ago and employs 15 people. The company holds assets worth £5,086,441, operates from a virtual address, and is overseen by two directors and one owner. It regularly imports and exports toys, games, and sports equipment, with 279 months of import activity and 196 months of export activity.

Playlearn Ltd specializes in developing, sourcing, and distributing high-quality educational products to supply companies in the UK and throughout Europe. Its website showcases a wide range of sensory and educational resources, including sensory jelly fish tanks, bouncyband movement products, and construction magnetic tiles. The site operates as an e-commerce platform, allowing customers to browse and purchase products online, with login required to see prices. The company also provides trade-only services, such as creating PO lists to save time.

Financially, Playlearn Ltd’s recent performance presents a mixed picture. While cash reserves have increased by a significant 140% to £1.4 million, current assets have also risen by 13% to £5.1 million. However, trade debtors have increased by 22%, suggesting a potential challenge in collecting payments. Bank borrowings have surged by 2,400%, reaching £29,000, and creditors have increased by 150%, reaching £1.6 million—a notable rise. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increased debt levels warrant attention. No auditor is mentioned, likely due to the company’s exemption as a small entity. Overall, Playlearn Ltd appears to be navigating a period of growth, but needs to manage its increasing financial obligations.

Registered in England/Wales under the registration number 06262007, with a registered address at M25 9JY, England, Manchester, C/O Chartwell Accountants 47 Bury New Road, Prestwich.

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