Gemro Products Limited
- Active
- Small
- 27 years
- 2 employees
- £394,315 (cur assets)
- 0-1m
- Regular importer
- Virtual address
- 3 directors
- 2 owners
- Family business
- London
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Gemro Products Ltd, based in London, UK, is a small, family-run business with an active status, established 26 years ago. The company employs just two people and holds £394,315 in assets, operating from a virtual address shared by over 1,000 other businesses. Led by three directors and two owners, Gemro Products Ltd is a regular importer, specializing in essential oils and perfumes for 114 months—the latest import occurred in February 2025.
The company's website showcases an innovative approach to cosmetic ingredients, focusing on upcycled waste materials and partnerships with suppliers like Varanti and Ardex. It appears to be primarily a business-to-business operation, offering raw materials to the cosmetics industry rather than direct-to-consumer sales. The site highlights a range of ingredients, including sensory textures, fragrances, and lipidic products, and encourages potential clients to browse their extensive catalog. A newsletter signup form suggests an effort to build relationships with industry professionals.
Financially, Gemro Products Ltd presents a mixed picture. While turnover isn't explicitly stated, the company meets the criteria for a small business, with assets under £5.1 million and fewer than 50 employees. Current assets have declined by 14%, dropping to £390,000, and net assets have fallen by 22%, settling at £170,000. Bank borrowings have been reduced by 42%, but cash reserves have plummeted 85%, leaving just £11,000. Creditors have also decreased, which could be a positive sign. The company’s profits have suffered a significant drop, down 86% to £26,000. The lack of an auditor is typical for small companies, so the figures are unaudited.
Overall, Gemro Products Ltd seems to be navigating a challenging period. While the company's innovative ingredient focus and B2B approach hold promise, the sharp decline in cash reserves and profits suggest a need for careful financial management. The reliance on a virtual address, shared with so many other companies, is also a point to consider.
Registered in England/Wales under the registration number 03734816, with a registered address at EC3V 3QQ, United Kingdom, London, 73 Cornhill.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 26 years
-
Resident of United Kingdom
-
Individual
- 26 years
-
Resident of United Kingdom
-
Individual
- 26 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
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Confirmation statement made on 2025-03-17 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-03-31Download 11 pages pdf report
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Total exemption full accounts made up to 2023-03-31Download 12 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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