Gb Global Trade Limited

Gb Global Trade Limited, based in London, UK, is a small, active company established two years ago. With five employees and £90,934 in assets, it operates from a real address and is managed by one director and owner. The company is an irregular exporter, primarily dealing in footwear and related items, with its last export operation recorded one month ago in August 2024.

The company’s website, gbworldtradecoltd.com, positions itself as an import and export trading company specializing in packaging materials, textiles, paper, and industrial raw materials. It serves small and medium-sized businesses across India, Pakistan, Bangladesh, Turkey, Europe, and the USA. The website highlights expertise in simplifying international trade, offering a range of products, and even features a YouTube channel and social media presence. It also showcases a variety of products, including Pakistani rice, carpets, and flooring solutions, suggesting a diverse portfolio beyond its core packaging materials focus.

Financially, Gb Global Trade Limited presents a mixed picture. Current assets remain steady at £91,000, but cash reserves are low at just £460. Bank borrowings are significant at £53,000, while creditors amount to £85,000. Debtors are also substantial at £89,000, and the company reported a loss of £5,500. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the reliance on bank loans and the low cash balance suggest potential financial strain. The accounts are unaudited and classified as “filleted,” meaning they are simplified and rely on director-reported data. There is no auditor mentioned.

Overall, Gb Global Trade Limited appears to be navigating a challenging landscape. While its website and product range demonstrate ambition, the financial data indicates a company that’s burning through money, relying heavily on debt, and needs to carefully manage its cash flow.

Registered in England/Wales under the registration number 14766445, with a registered address at E3 3YD, England, London, Lk 207 7 Corsican Square.

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