Global Brand Supplies Limited

Global Brand Supplies Ltd, based in London, UK, is a small, active company founded three years ago. With a single employee and £217,471 in assets, it operates from a virtual address – a detail worth noting as 47,634 other companies share the same location. The business is led by one director and has two owners, though the list of owners changed two years ago and isn’t exhaustive.

The company’s core business involves importing soaps, cleaning products, and waxes for the last three months, and exporting essential oils and perfumes for a more substantial 37 months. It operates in the agents involved in the sale of a variety of goods industries.

Financially, Global Brand Supplies Ltd presents a mixed picture. While net assets have increased significantly by 370%, from £23,000 to £110,000, cash reserves have declined by 53%, dropping to £8,900. Trade debtors have seen a dramatic rise, increasing by 550% to £51,000, which could indicate a period of rapid growth but also potential challenges in collecting payments. Creditors have also increased, rising by 260% to £64,000. Bank borrowings have decreased by 55%, falling to £4,900, suggesting a move towards reduced debt. The company’s small size – meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) – allows for flexibility, but the increased debt and decreased cash need to be monitored. There’s no mention of an auditor, likely due to the company’s exemption as a small entity, so the figures are unaudited. The increase in employees from one to two is a positive sign, but whether this will translate to improved financial performance remains to be seen.

Registered in England/Wales under the registration number 14059792, with a registered address at EC1V 2NX, United Kingdom, London, 128 City Road.

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