Global Bm Ltd

Global Bm Ltd, based in Grays, UK, is a small, active company founded six years ago. With just one employee and £359 in assets, it’s a solo venture led by a single director and owner. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with six months of import activity recorded. Its registered address is real, with only one other company registered at the same location.

The company operates in the sale of used cars and light motor vehicles industries. Its website is non-existent, suggesting a business primarily conducted offline or through other channels. 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, Global Bm Ltd is facing some challenges. Current assets have plummeted by a staggering 99%, dropping to just £360. Bank borrowings have also decreased significantly, falling by 98%, and cash reserves have vanished completely. Creditors have decreased by 34%, and net assets have dropped by 21%. While these figures may reflect a period of reduced activity or strategic investment, the sharp decline in assets and cash raises concerns about the company’s liquidity. The lack of an auditor mentioned (likely exempt as a small company) means these figures are unaudited.

The company’s equity has also decreased by 21%, indicating a loss of retained earnings. While the company is still active, the financial data suggests it’s burning through money. It’s possible that the company is undergoing a period of restructuring or facing unexpected expenses, but the lack of information makes it difficult to determine the underlying cause.

Registered in England/Wales under the registration number 11641020, with a registered address at RM17 5XR, United Kingdom, Grays, Unit 10a Askew Farm Lane.

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