Ggn Intl Ltd

GGN INTL Ltd, based in Witney, UK, is a small, active company founded six years ago in 2018. With 15 employees and £2,892,100 in assets, it operates as a solo-founder business with a real address and a single director. The company runs an e-commerce site and regularly imports furniture, lighting, and prefabricated buildings—a total of 81 months of import activity, with the latest operation occurring in January 2025.

The website showcases a diverse range of products, from pallet wrap and bubble wrap to clothing airers and even zero-gravity chairs. It's clear that GGN INTL Ltd focuses on retail sales via mail order and internet, offering a wide selection of household and industrial goods. The site emphasizes competitive pricing and customer support, typical of a modern e-commerce business.

Financially, GGN INTL Ltd presents a mixed picture. While the company’s turnover is not explicitly stated, it meets the criteria for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). However, accumulated depreciation impairment on property, plant, and equipment has increased significantly—goodwill rising 34%, land and buildings up 100%, and vehicles increasing by a staggering 670%. Advances paid to suppliers have also surged, up 180%. On the positive side, the number of employees has increased by 20%, suggesting growth, and bank borrowings have decreased by 41%. However, cash reserves have plummeted 81%, and bank overdrafts have increased substantially. Creditors have also risen significantly, suggesting potential cash flow challenges. There is no auditor mentioned, which is common for small companies.

Overall, GGN INTL Ltd appears to be experiencing some growing pains. The increase in depreciation and advances paid suggests increased investment, but the decline in cash reserves and rise in bank overdrafts indicate a need to manage cash flow more effectively. Whether the company can sustain its growth trajectory remains to be seen, but its diverse product range and e-commerce focus position it for continued success.

Registered in England/Wales under the registration number 11408001, with a registered address at OX29 0AX, England, Witney, Unit 5b, Tungsten Park, Colletts Way.

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