Global Exotics Ltd

Global Exotics Ltd, based in London, UK, is a small, active company founded 16 years ago. With six employees and £1,993,817 in assets, it operates from a virtual address—a fact highlighted by twelve companies registered at the same location. The company is led by two directors and owned by Rashid Mohammed Shahid, a solo founder. It holds a respectable Google rating of 4.0 based on 13 reviews. Global Exotics Ltd is a regular importer, specializing in edible vegetables and roots, with 65 months of import activity recorded, the latest in February 2025.

The company’s core business revolves around the wholesale of fruit and vegetables, positioning it within a competitive market. While a website isn't available, this suggests a business-to-business model, likely supplying retailers or food service providers. The absence of a visible online presence could mean a focus on direct sales or partnerships rather than direct consumer engagement.

Financially, Global Exotics Ltd presents a mixed picture. Current assets have increased by 22% to £2,000,000, while net assets remained steady at £700,000. Bank borrowings have decreased significantly, dropping by 22% to £360,000, and cash reserves have fallen by 32% to £6,300. Creditors have surged by 100%, reaching £1,100,000, and trade debtors have increased by 51% to £1,700,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in creditors suggests a need to manage payment terms carefully. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

Overall, Global Exotics Ltd seems to be holding its own, but the rise in creditors and the decrease in cash reserves warrants close monitoring. The company's reliance on wholesale distribution and its status as a regular importer of vegetables and roots indicate a stable, albeit potentially challenging, business model.

Registered in England/Wales under the registration number 06850802, with a registered address at WC2H 9JQ, England, London, Greater London, 71-75 Shelton Street, Covent Garden.

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