Global Leaf Co Ltd

Global Leaf Co Ltd, based in Bushey, UK, is a small, active company founded two years ago in September 2022. With just £707 in assets and a virtual address shared by thirty-four other companies, it’s a solo-founded operation managed by a single director and owner. The company operates as an irregular importer, with its top import category being optical and medical tools and devices, totaling one month of imports, the last operation was conducted on August 01, 2024. It’s also described as agents involved in the sale of food, beverages and tobacco.

The company’s website, Global Leaf Tobacco Company Limited, presents a different picture. It describes itself as a "completely vertically integrated company" focused on sustainable growth and farmer happiness, encouraging visitors to explore its website. This suggests a broader ambition beyond simple importing, perhaps involving cultivation or processing of tobacco products.

Financially, Global Leaf Co Ltd is showing some concerning trends. Current assets are a meager £710, and net assets are a negative £5,200—a significant deficit. Cash reserves are a mere £5, while creditors are £5,900. Although trade debtors are £700, this doesn’s fully offset the liabilities. 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 flexibility, but the substantial net asset deficiency is a red flag. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

It seems Global Leaf Co Ltd is struggling to stay afloat, despite its ambitious branding and website. The negative equity and reliance on external financing suggest it’s burning through cash—a common challenge for startups. The company’s previous name, Rarecigarsuk Ltd, hints at a shift in business focus, but whether this new direction can deliver sustainable growth remains to be seen.

Registered in England/Wales under the registration number 14352727, with a registered address at WD23 3HE, England, Bushey, C/O Pas Accountants Ltd, 2nd Floor, The Red House, 74-76 High Street.

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