Global Luxury London Limited

Global Luxury London Ltd from London UK is a small, active company founded eleven years ago in 2013. Employing five people and holding £855,514 in assets, it operates from a virtual address—a detail that’s a little odd, as thirty-nine other companies are registered at the same location. The business is led by two directors and owned by a solo founder, Ayaydin Gokhan. It regularly imports and exports furniture, lighting, and prefabricated buildings, with thirty months of import activity and sixteen months of export activity recorded.

The company's website reveals a retail focus, specializing in furniture, lighting, and similar items—though not musical instruments. It operates from a real registered address, and its activities are described as retail of furniture, lighting, and similar items in specialised stores, as well as the other retail sale of new goods in specialised stores. The business seems to be a family-run operation, with a focus on British craftsmanship.

Financially, Global Luxury London Ltd shows a mixed picture. Current assets decreased by 23%, falling to £860,000, while net assets also declined, dropping to £210,000. Bank borrowings decreased by 25%, settling at £29,000, and cash reserves fell 15% to £14,000. Creditors decreased by 25%, 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 remain agile, but the drop in equity raises some questions. With no auditor mentioned, the figures are unaudited.

It’s clear that Global Luxury London Ltd is facing some financial pressures, but its focus on quality and customer service may help it weather the storm. The company’s long-term success will likely depend on its ability to manage its finances effectively and adapt to changing market conditions.

Registered in England/Wales under the registration number 08564342, with a registered address at N13 4XS, England, London, 293 Green Lanes, Palmers Green.

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