PLAYBALL REIGATE LIMITED

Executive Summary

Playball Reigate Limited demonstrates solid liquidity and improving equity in a stable small company structure, supporting its ability to meet current obligations. While cash reserves have decreased somewhat recently, the company maintains a healthy net current asset position and no adverse compliance issues, warranting credit approval with routine monitoring. Continued oversight of cash flow and liabilities is recommended to manage risks inherent in a small, niche business.

PLAYBALL REIGATE LIMITED - Analysis Report

Company Number: 13262332

Analysis Date: 2025-07-29 20:16 UTC

1. Credit Opinion: Approve with monitoring. Playball Reigate Limited shows a stable and improving net current asset position and shareholders’ funds over the last three years, indicating sound short-term liquidity and equity build-up. The company remains small but active in a niche sports and recreation education sector. No red flags such as overdue filings or director disqualifications are present. However, the company’s modest scale and limited asset base warrant ongoing monitoring to ensure continued cash flow stability and debt servicing capacity.

2. Financial Strength: The balance sheet is healthy for a small private company. Shareholders’ funds rose from £24,002 in 2023 to £36,065 in 2025, reflecting retained earnings growth and capital preservation. Net current assets improved from £24,002 to £36,065, showing a comfortable buffer over current liabilities (£21,551 in 2025). The company has no long-term liabilities disclosed, implying low gearing. Cash constitutes the majority of current assets (£53,615 in 2025), supporting liquidity.

3. Cash Flow Assessment: Cash at bank remains strong (£53,615 in 2025), though it declined from £64,287 in 2024, suggesting some cash outflows or investment. Current liabilities decreased significantly from £40,286 in 2024 to £21,551 in 2025, reducing short-term pressure. Debtors increased to £4,001 in 2025 but remain low relative to cash, indicating prompt receivables collection. Overall, cash flow appears sufficient to cover short-term obligations; however, the drop in cash should be reviewed for sustainability.

4. Monitoring Points:

• Cash balances trending downward should be watched to avoid liquidity squeeze.
• Current liabilities fluctuations need close observation, ensuring no build-up of overdue payables.
• Continued profitability and retention of earnings to sustain equity growth.
• Impact of market conditions on the sports education sector and any operational risks.
• Director Ben Joseph Brown’s management approach and any changes in control or ownership structure.