Global Bigo Ltd

Global Bigo Ltd, based in Edinburgh, UK, is a small, active company founded four years ago. It holds £4,244 in assets and operates from a virtual address, registered at 5 South Charlotte Street, Edinburgh. The company has two directors and two owners, though the list of owners isn't exhaustive.

The company operates in the retail sale via mail order houses or via internet industries. Its website isn's available to analyze, so it's difficult to know if it's a full-blown e-commerce operation or just a small part of a larger business.

Financially, Global Bigo Ltd shows a mixed picture. While current assets increased by 22% to £4,200, net assets decreased by 5.7% to -£7,300. Bank borrowings remain steady, but cash reserves are holding at £1,600. Creditors are unchanged, and trade debtors have fallen sharply. 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, so the figures are unaudited. The decrease in equity, however, suggests the company is burning through money, although it's difficult to say for sure. It's possible the company is reinvesting profits back into the business, but it could also be struggling to generate sufficient revenue. The decline in trade debtors is a concern, but the unchanged creditors suggest that the company is managing its short-term liabilities.

Registered in Scotland under the registration number SC688343, with a registered address at EH2 4AN, Scotland, Edinburgh, 5 South Charlotte Street.

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