Rich Kids Playground Ltd

Rich Kids Playground Ltd, based in Basildon, UK, is a small, active company established six years ago. With £52,019 in assets and a real address, it’s managed by a single director, though no owners are officially listed. The company operates an e-commerce site and has a solid Google rating of 4.0 based on four reviews. They regularly export toys, games, and sports equipment, with five months of export activity recorded, the last in November 2022.

The website, Rich Kids Playground, offers a vast selection of toys and games, categorized by age, brand, and type. They ship internationally, with a comprehensive list of countries and associated GBP prices. The site's design is clean and user-friendly, with a focus on visual appeal and easy navigation. It's clear they're targeting parents and gift-givers looking for a wide range of playthings. The blog section features articles on toy trends and gift ideas, further engaging potential customers.

Financially, Rich Kids Playground Ltd shows a mixed picture. Current assets have decreased by 19% to £52,000, while net assets have fallen a significant 58% to £8,300. Bank borrowings have decreased by 34%, and cash reserves have dropped by 29% to £40,000. Creditors have decreased by 25%, but other creditors have increased significantly. Trade debtors have increased substantially too. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the accounts are unaudited.

The sharp decline in equity is a point of concern, suggesting potential cash flow issues or increased losses. However, the company's active e-commerce presence and positive customer reviews indicate a viable business model. It seems like they’re working hard to keep costs down and maintain a good reputation, but the financial figures suggest they’re facing some challenges.

Registered in England/Wales under the registration number 11837945, with a registered address at SS15 6SD, England, Basildon, Essex, 27 Hornsby Square, Southfields Business Park.

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