Public Open Space Limited

Public Open Space Ltd from Plymouth UK is a small, active company founded 12 years ago. With just two employees and a real address, it’s a solo founder operation managed by two directors and one owner. The company irregularly imports toys, games, and sports equipment, with its last import activity recorded two months ago in September 2024.

The company's website showcases a range of services related to playground design and public space management. It offers design consultancy, project management, inspections, and maintenance, catering to councils and housing developments. The site features a portfolio of projects and a blog, highlighting its expertise in creating safe and engaging outdoor spaces. It also appears to have a small e-commerce element, though this is not the core of its business.

Financially, Public Open Space Ltd has experienced some concerning trends. Accumulated amortisation and depreciation have remained flat, but cash reserves have plummeted 87%, dropping to just £13,000. Bank borrowings have increased, and creditors have decreased, suggesting improved debt management. Equity has also declined significantly, falling 44% to £82,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop and depleted cash reserves raise questions about its financial health. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Public Open Space Ltd appears to be facing some financial pressures, despite its established presence in the public space management sector. The company’s management of real estate on a fee or contract basis, along with its ownership of Award Group Limited, could be contributing factors to its current situation.

Registered in England/Wales under the registration number 08201999, with a registered address at PL7 5BB, United Kingdom, Plymouth, 1 East Pitten Barn, Smitherleigh.

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