Global (leic) Ltd

Global Leic Ltd, based in Leicester, UK, is a small, active company founded nine years ago. With 62 employees and £1,643,965 in assets, it operates from a virtual address—a detail worth noting as 290 companies are registered at the same location. The company is led by one director and has three owners, though the list of owners hasn't been updated in seven years. Global Leic is a regular importer of clothing and accessories made by knitting or crocheting, with 376 months of import activity recorded, and a regular exporter of knitted or crocheted fabrics, with 17 months of export activity.

The company’s website highlights its position as a leading UK clothing manufacturer, boasting factories in the UK, Pakistan, and Morocco. It emphasizes sustainable and ethical garment production, and it's certified by an unknown body. The site’s focus is on high-quality, sustainable garments, and it’s clear they are trying to appeal to a conscious consumer base. The site also mentions a focus on “ethical” production, which is a growing trend in the fashion industry.

Financially, Global Leic Ltd’s numbers paint a mixed picture. While cash bank on hand decreased by 36% to £470,000, current assets dropped by 43% to £1,600,000. Bank borrowings, however, remained steady, and creditors decreased by 55% to £800,000—a positive sign. The company’s average number of employees has significantly decreased, falling 63% to just 23. This is a big change, and it's hard to say exactly why it happened. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the sharp decline in employee numbers and assets is concerning. With no auditor mentioned, the figures rely on unaudited statements.

In short, Global Leic Ltd seems to be navigating some challenges, though its focus on sustainability and international manufacturing could position it for future growth. The decrease in employees is a big change, and it’s something to keep an eye on.

Registered in England/Wales under the registration number 09974956, with a registered address at LE3 5GF, England, Leicester, 50 Woodgate.

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