Ghl Sourcing Limited

Ghl Sourcing Ltd from Cardiff UK: a small holding company with an active status, was founded 10 years ago. It employs just three people and holds £514,939 in assets, operating from a real address and managed by one director and owner. Boasting a perfect 5.0 Google rating from one review, the company regularly imports clothing and accessories made by knitting or crocheting, with 38 months of import activity recorded.

The company operates as an international procurement solution provider, offering services like product development, sourcing, and supply chain management. Its website highlights expertise in sourcing from the Far East, particularly in supporting businesses with product development and manufacturing. It has teams based in both the UK and Xiamen, China, enabling it to effectively manage the procurement process. The company works with a wide range of clients across various industries, leveraging its extensive network of trusted suppliers.

Financially, Ghl Sourcing Ltd demonstrates a mixed picture. While bank borrowings decreased significantly by 66%, falling to £9,900, cash reserves increased by 75% to £68,000. However, net assets declined by 19% to £48,000, and current assets increased by 140% to £510,000. Creditors also rose by 140% to £520,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The unaudited financial statements, lacking an auditor’s signature, rely on director-reported data. The sharp increase in creditors, despite the growth in assets, could indicate challenges in managing cash flow, but it’s also possible that the company is investing in growth.

Registered in Wales under the registration number 09248607, with a registered address at CF24 3JW, Wales, Cardiff, The Gate Business Centre, Keppoch Street.

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