Gelpop Ltd

Gelpop Ltd from London UK: a small company with an active status, was founded six years ago in 2018. It holds just £7,687 in assets and operates from a real address in Palace Garden Terrace. The business is run by two directors and two owners, and it’s an irregular importer of plastics and plastic products, with just one month of import activity recorded back in 2020.

The company’s website, gelpop.com, is a vibrant online store specializing in chic hand sanitizers and related accessories. It's clearly an e-commerce business, selling branded hand sanitizers, refills, keyrings, and even bespoke corporate gifts. The site highlights a range of products, including SPF hand sanitizers and hand creams, and features prominently in publications like Elle and Vogue. It ships worldwide and emphasizes its commitment to killing 99.9% of germs while being environmentally friendly.

Financially, Gelpop Ltd presents a mixed picture. Current assets have decreased by 20% to £7,700, and net assets have fallen by 38% to -£50,000. Bank borrowings have increased significantly, and cash reserves are low. Creditors have also risen, suggesting a reliance on external financing. The company meets the criteria to be classified as small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 20 employees. The accounts are unaudited, and no auditor is mentioned.

While the company's online presence and brand recognition seem strong, the financial data indicates a company burning through cash. The increase in creditors and decrease in cash reserves suggest a need for improved cash flow management. The company is clearly focused on building its brand and expanding its product line, but it will need to address its financial challenges to ensure its long-term sustainability.

Registered in England/Wales under the registration number 11572951, with a registered address at W8 4SA, United Kingdom, London, 17 Palace Garden Terrace, Palace Gardens Terrace.

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