Bulk Gsm Ltd

Bulk Gsm Ltd, based in Harrow, UK, is a small, active company founded eighteen years ago in 2006. With three employees and £630,470 in assets, it operates from a virtual address, a detail that raises some questions. The company is led by one director and one owner, though the owner list may not be exhaustive. It regularly imports goods—specifically, none—and exports electrical machinery and equipment.

The company’s website reveals a fascinating business model centered around trading and recycling. Bulk Gsm Ltd helps companies maximize the value of their redundant and obsolete inventory, redistributing it into emerging markets. They also repurpose e-waste for developing countries, providing affordable access to technology. The company’s services extend to stock disposal, secure data erasure, and device refurbishment, all underpinned by a commitment to environmental sustainability. They even create bespoke software and logistic solutions tailored to client needs.

Financially, Bulk Gsm Ltd presents a mixed picture. Cash reserves have significantly increased by 50% to £390,000, a positive sign. However, net assets have decreased by 54% to -£58,000, and bank overdrafts have fallen by 15% to £37,000. Trade creditors have increased by 13% to £650,000, and trade debtors have risen by 13% to £240,000. The company's small size—meeting two of three criteria for a small company—allows for agility, but the decrease in equity suggests potential financial pressures. No auditor is mentioned, as the company is likely exempt due to its size, relying on unaudited statements. It's a company that seems to be doing well in its niche, but needs to keep a close eye on its balance sheet.

Registered in England/Wales under the registration number 05881617, with a registered address at HA1 3AW, England, Harrow, Grove House Third Floor, 55 Lowlands Road.

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