Ghedirect Ltd

Ghedirect Ltd from Milton Keynes UK: a small holding company with an active status, was founded 23 years ago in 2002. It employs 10 people and holds assets totaling £1,026,350. The company operates from a real address and is overseen by three directors and one owner, running an e-commerce site and irregularly importing machinery, boilers, and mechanical appliances parts – the last import was recorded one month ago in January 2016.

The company’s primary activity is supporting crop production, although its website is not available for review. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Financially, Ghedirect Ltd has experienced some mixed trends. Current assets have decreased by 4.2% to £1,000,000, while net assets have fallen 7.8% to £750,000. Cash reserves have also declined by 14% to £460,000. However, creditors have increased by 0.96% to £240,000, and director remuneration has surged by a significant 350% to £340,000. The company’s bank borrowings have also increased, and the decrease in debtors is a little concerning. It's worth noting that the company is exempt from an audit as a small company, so the figures are unaudited.

The increase in director remuneration could be a sign of increased workload or a shift in the company's strategy, but it’s also a potential area for closer scrutiny. The decrease in cash reserves, coupled with the increase in creditors, suggests the company may be burning through money faster than it's generating it.

Registered in England/Wales under the registration number 04387782, with a registered address at MK10 0BZ, England, Milton Keynes, Unit 12, Torc Mk Madingley Court, Chippenham Drive, Kingston.

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