Playnetwork Ltd

Playnetwork Ltd, a small, active company based in London, UK, has been operating for fifteen years. Founded in November 2009, it employs twelve people and holds assets valued at £5,400,341. The company, with five directors and no reported owners, has a real address and regularly imports and exports electrical machinery and equipment – thirty-four months of import activity and eighty-three months of export activity.

Playnetwork Ltd's website reveals a business focused on creating engaging customer experiences through music, digital media, and audiovisual systems. It offers services like branded music identity, video and motion graphics, and digital signage solutions, targeting businesses looking to enhance their store environments and create immersive brand experiences. The company positions itself as a global music partner and audiovisual systems provider, working with numerous brands to transform locations into destinations.

Financially, Playnetwork Ltd shows a mixed picture. Current assets decreased slightly by 1.5% to £5,400,000, while net assets increased by 39% to £3,200,000. Cash reserves saw a significant jump of 470% to £56,000, a welcome sign. However, average number of employees dropped by 42% to just seven, and other provisions decreased by 21%, suggesting a potential shift in operational strategy. Trade creditors also saw a sharp decline of 67%, which could be a positive sign of improved debt management, but it also means that the company is paying its suppliers quicker. The company’s small size (meeting two of three conditions for being small) helps it stay nimble. No auditor is mentioned, which is common for small companies. The company operates in the sound recording and music publishing activities, and other business support service activities.

Registered in England/Wales under the registration number 07084876, with a registered address at NW1 3AD, England, London, 307 Euston Road.

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