Global Fashion Brands Limited

Global Fashion Brands Ltd, based in Liverpool, UK, is a small, active company founded seven years ago. With eight employees and £398,912 in assets, it operates from a virtual address – a detail flagged by the fact that eighteen companies are registered at the same location. The company is led by two directors and a solo founder, Talwar Rajesh. It regularly imports clothing and accessories (excluding knitted or crocheted items), with 27 months of import activity recorded, and occasionally exports clothing and accessories made by knitting or crocheting, with just one month of export activity.

The company’s website is unavailable, so it’s difficult to assess its online presence and customer interaction. However, it’s understood that Global Fashion Brands Ltd operates in the wholesale of clothing and footwear.

Financially, the company presents a mixed picture. While current assets have increased by a substantial 61% to £400,000, net assets have dramatically decreased by 260% to -£38,000. This significant equity drop is a concerning trend. Bank borrowings have also increased by 62%, reaching £51,000, while cash reserves have fallen by 9.7% to £38,000. Creditors have risen by 150%, suggesting increased reliance on short-term financing. Trade debtors have also increased significantly, by 76%, which could indicate challenges in collecting payments. Despite these pressures, the company’s small size (meeting two of three criteria for a small company) allows for flexibility. As a small company, it is exempt from an audit, and the financial statements are unaudited.

The sharp decline in equity is a key area to watch. It’s possible this reflects investments in inventory or expansion, but it could also signal underlying financial strain. The increase in bank borrowings suggests a need for external funding, and the rise in trade debtors may indicate difficulties in managing cash flow.

Registered in England/Wales under the registration number 11178208, with a registered address at L3 9QJ, England, Liverpool, The Plaza, 100 Old Hall Street.

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