Gl Online Ltd

Gl Online Ltd is a small, active company based in Exeter, UK, founded four years ago in June 2020. It’s a solo-founded operation with one employee, a single director, and one owner – Lee Grant Albert. The company holds £9,712 in assets and operates from a real address, with only one other company registered at the same location. Gl Online Ltd is involved in retail sales via mail order and the internet.

The company’s website showcases a range of educational assessments, catering to international schools and various sectors. It offers assessments for identifying learning gaps, understanding student ability, and evidencing progress. The site also promotes specific assessment packages like CAT4 and Student First, highlighting their benefits for schools and educators. It’s clear Gl Online Ltd is targeting a niche market within the education sector, offering data-driven insights and assessment tools.

Financially, Gl Online Ltd presents a mixed picture. Current assets increased by 140% to £9,700, which is good, but net assets dropped significantly by 320% to -£1,200. Bank borrowings have increased dramatically, up 400% to £5,700, and cash reserves have fallen by 53% to £1,900. Creditors have also risen sharply, increasing by 160% to £11,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the figures are unaudited. It’s possible the company is investing heavily in its online platform and marketing efforts, which could explain the increased borrowing and lower cash reserves, but the negative equity is something to watch.

Registered in England/Wales under the registration number 12702772, with a registered address at EX5 1PW, England, Exeter, 21 New Way, Woodbury Salterton.

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