Shiny Games Ltd

Shiny Games Ltd, based in Nottingham, UK, is a small, active company established nine years ago. With a single employee and £63,694 in assets, it’s a modest operation led by two directors and one owner. The company enjoys a stellar 5.0 Google rating from ten reviews, a testament to its customer service. It’s a regular importer of toys, games, and sports equipment, with four months of import activity recorded, the last in May 2023.

The company operates in the “other retail sale not in stores, stalls or markets” industries, suggesting a focus on online or direct-to-consumer sales. While a website isn’s available to analyze, this indicates a potential e-commerce focus.

Financially, Shiny Games Ltd presents a mixed picture. Cash bank on hand has seen a significant jump of 590%, reaching £4,800—a positive sign of improved liquidity. However, net assets have declined by 370%, landing at -£12,000. Creditors have also increased substantially, rising 88% to £76,000, and trade debtors have disappeared entirely. 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 flexibility, but the drop in equity is concerning. The increase in accrued liabilities deferred income by 8.3% also suggests potential short-term financial pressures. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Shiny Games Ltd seems to be navigating a period of change. The increase in cash is encouraging, but the decline in equity and rising debts warrants close monitoring. It’s likely the company is investing in growth or facing increased competition, but whether it can sustain its momentum remains to be seen.

Registered in England/Wales under the registration number 09843451, with a registered address at NG15 0AR, England, Nottingham, 1 Mansfield Road, Annesley.

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