The Gameshak Ltd

The Gameshak Ltd, based in Newcastle Upon Tyne, UK, is a small, active company founded ten years ago in 2014. Employing nine people and holding £326,122 in assets, it operates from a real address and is managed by two directors and one owner. The company specializes in the import and export of toys, games, and sports equipment, though activity has been irregular, with one month of imports and two months of exports recorded. It’s a bit odd, really.

The Gameshak’s website showcases a collection of rare and collectable games for various platforms, including Xbox, Wii, PSP, Playstation, and Nintendo. It operates as an online marketplace, connecting buyers with vintage games and offering a range of services, including free postage worldwide and PayPal payments. It’s a bit of a niche market, really, catering to collectors and enthusiasts. They also partner with other eBay sellers, dentongames and mickstagames, expanding their reach and offering a wider selection. The promise is guaranteed quality and easy access to hard-to-find games.

Financially, The Gameshak Ltd presents a mixed picture. While current assets increased by 19% to £330,000, net assets also rose by 31% to £200,000, indicating improved overall financial health. However, loans from directors surged by 43% to £82,000, suggesting reliance on personal funding. Trade debtors also increased significantly, by 230%, reaching £32,000, which could indicate delayed customer payments. Cash bank on hand, however, grew by 32% to £41,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no auditor listed, which is typical for a small, exempt company.

Overall, The Gameshak Ltd appears to be navigating a growth phase, though the increased reliance on director loans and the rise in trade debtors warrant attention. It’s a small business with a focused niche, and it seems to be doing alright, even if it's a little bit strange.

Registered in England/Wales under the registration number 09177677, with a registered address at NE15 7QQ, United Kingdom, Newcastle Upon Tyne, 701 West Road.

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