Theplaytribe Ltd

The Play Tribe Ltd is a small, active company based in Surbiton, UK, founded two years ago in 2022. It’s a solo-founded operation with a real address, one director, and one owner. The company holds just £1,809 in assets and operates an e-commerce site focused on personalised gifts, sensory play kits, and early years resources. It’s a tight-knit business, with a single director and owner, Malik Zainab, at the helm.

The Play Tribe’s website showcases a vibrant collection of handmade and personalised products aimed at parents, educators, and gift-givers. The site is well-designed, with clear product categories, appealing visuals, and a focus on educational play. It’s clear they’re targeting a specific niche—parents and educators seeking high-quality, engaging toys and resources for young children. They also offer a subscription service, suggesting an attempt to build recurring revenue.

Financially, The Play Tribe Ltd presents a mixed picture. Current assets have declined by 20% to £1,809, while net assets have also dropped, although the full extent is hard to determine due to the complex equity structure. Bank borrowings are not mentioned, and cash reserves are not explicitly stated, but the decrease in current assets suggests a potential squeeze. Creditors haven't changed much. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the declining assets are a concern. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, The Play Tribe Ltd seems to be navigating the challenges of a young e-commerce business. While the website and product range are promising, the financial data suggests a need for careful management and potentially a focus on improving cash flow. It's a small business, and it’s hard to say if they’re burning through money, but they’re definitely not flush with cash.

Registered in England/Wales under the registration number 14202123, with a registered address at KT6 7QT, England, Surbiton, 118 Red Lion Road.

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