Global Lubricants Ni Limited

Global Lubricants Ni Limited, based in Hillsborough, UK, is a small, active company founded 19 years ago. With eight employees and £593,327 in assets, it's a solo-founded operation managed by three directors. The company is a irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import operation recorded two months ago in February 2021.

The company’s website, Global Oil NI, highlights its focus on high-performance lubricants for the automotive and agricultural industries. It produces a complete range of oils, from mineral to synthetic, catering to sectors like family cars, agricultural machinery, and even high-performance race cars. Beyond lubricants, the site also offers antifreeze, brake fluids, and fuel treatments, and even provides fluid analysis diagnostic services. It operates from Lisburn, Northern Ireland, and boasts a showroom in Harrods, London.

Financially, Global Lubricants Ni Limited shows a mixed picture. Current assets declined by 11%, falling to £590,000, while net assets increased by 43%, reaching £260,000. Bank borrowings decreased by 30%, dropping to £220,000, and cash reserves increased by 34%, rising to £74,000. Creditors decreased by 27%, suggesting improved debt management. 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 stay agile, but the decrease in trade debtors by 12% could indicate slower customer payments. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Global Lubricants Ni Limited appears to be holding its own, but the financial data suggests a need for careful monitoring. The company’s diverse offerings and established presence in the lubricant market provide a solid foundation, but the fluctuating financials require attention to ensure long-term stability.

Registered in Northern Ireland under the registration number NI058272, with a registered address at BT26 6AB, Hillsborough, County Down, 7 Lisburn Street.

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