Sovereign Design Play Systems Limited

Sovereign Design Play Systems Ltd from Essex UK: a small company with an active status, founded 21 years ago, employs two people, and holds £4,355,649 in assets. It has a real address, two directors, one owner (a solo founder), and a stellar Google rating of 5.0 based on 79 reviews. The company regularly imports toys, games, and sports equipment, with 22 months of import activity recorded.

The company operates as a playground equipment supplier and manufacturer, offering a wide range of products from EYFS equipment to sports and fitness items. It’s a one-stop shop for schools, councils, and commercial areas, providing everything from traditional climbing frames to inclusive play furniture and even bespoke design services. The website showcases a commitment to quality, safety, and innovation, with a focus on creating stimulating and enjoyable outdoor play environments. It’s clear they’re targeting a broad market, with a focus on creating inclusive playgrounds that are accessible and enjoyable for all children.

Financially, Sovereign Design Play Systems Ltd shows some interesting trends. Accumulated depreciation on property, plant, and equipment increased by 11%, suggesting ongoing investment in assets. However, cash bank on hand decreased by 13%, and bank borrowings increased by 15%, indicating a potential need for external funding. Creditors also rose by 13%, which could be a result of increased purchasing to meet demand. The company’s small size (meeting two of three criteria for being small) allows for agility, but the decrease in equity (-9.7%) is a point to watch. The unaudited figures, as is typical for small companies, rely on director-reported data.

While the company’s playground equipment business seems to be thriving, the financial data suggests it’s working hard to maintain its position. The increase in bank borrowings and decrease in cash reserves could be a result of investments in new equipment or expansion efforts. It’s a bit unclear if the company is burning through money, but the trends suggest it's a tightrope walk.

Registered in England/Wales under the registration number 05024016, with a registered address at SS3 9QT, Essex, 40 Towerfield Road, Shoeburyness.

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