Gb Best Trade Ltd

Gb Best Trade Ltd, based in Waltham Cross, UK, is a small, active company established seven years ago. With eight employees and £1,017,760 in assets, it generates a yearly revenue of £2,891,642. The business operates from a real address and is led by a single director and owner, Bor Sinan, who also serves as the solo founder. It's an irregular importer, primarily dealing in prepared or preserved plant-based foods, with just two months of import activity recorded as of September 2024.

The company’s operations encompass a diverse range of activities, including wholesale of fruit and vegetable juices, mineral water, and soft drinks, alongside the wholesale of electronic and telecommunications equipment. It also engages in event catering and the retail sale of electrical household appliances. While a website isn't available to analyse, the business appears to be primarily focused on wholesale and distribution rather than direct e-commerce.

Financially, Gb Best Trade Ltd presents a mixed picture. While the company generated a substantial £2.1 million in turnover, net assets are currently at a negative £21,000. Cash reserves are stable at £97,000, but bank borrowings have remained consistent at £97,000. Creditors have also remained consistent at £520,000. 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 negative equity suggests it’s operating close to the margin. There is no auditor mentioned, likely due to its status as a small company.

The company’s irregular import activity and reliance on wholesale distribution indicate a business model that may be sensitive to supply chain disruptions or changing consumer preferences. While the diverse range of activities provides some resilience, the negative equity and lack of substantial cash reserves highlight the need for careful financial management.

Registered in England/Wales under the registration number 11329063, with a registered address at EN8 7LX, England, Waltham Cross, Unit 23a Monro Industrial Estate, Station Approach.

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