Genco Global Ltd

Genco Global Ltd from Birmingham UK: small company, active status, founded 9 years ago, 6 employees, £481,371 assets, real address, 1 director, 1 owner. Irregular importer of machinery, boilers, and mechanical appliances; parts (2 months imported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £481,371.

Genco Global specializes in the installation, repair, and servicing of industrial machinery, particularly within the glass industry. Their website highlights a wide range of services, from new machine sales and installations to spare parts and acoustic fabrication. They even boast a history of working with high-end clients, including Fire Glass UK, providing nationwide maintenance and sourcing new machinery. The site also mentions a partnership with Glaston, LISEC, KSR, and VHW—well-known names in glass processing equipment. The company’s focus is clearly on providing comprehensive solutions for glass manufacturers, offering a one-stop shop for all their machinery needs. They have a showroom in Harrods, London.

Financially, Genco Global’s recent performance shows some concerning trends. While current assets increased by 52% to £480,000, net assets decreased by 11% to £210,000. Bank cash fell by a significant 58% to £82,000, and trade debtors rose dramatically—a 230% increase to £400,000. This suggests the company might be struggling to collect payments from customers, or perhaps it’s extending credit terms to boost sales. Creditors also increased by 38% to £490,000. The company’s small size helps it stay nimble, but the decline in equity and the surge in debtors raise questions about its long-term financial health. There’s no auditor mentioned, likely due to its small size, so the figures are unaudited. Depreciation charges have remained steady. The company is a irregular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, totaling 2 months of imports. The last import operation was conducted on December 01, 2024.

Registered in England/Wales under the registration number 09997803, with a registered address at B7 5EE, England, Birmingham, Unit 2 Cheston Road.

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