Global Memorial Products Ltd.

Global Memorial Products Ltd from Paignton UK: a small, active company established eleven years ago, employs two people, and holds £28,366 in assets. It operates from a virtual address – registered at an address shared by 267 other companies – and is led by two directors and two owners. The company boasts a perfect 5.0 Google rating based on a single review, and regularly imports paper and paperboard products, with its last import operation occurring six months ago.

The company's website, Scattering Cremation Urns, showcases a range of scattering cremation urns designed for ashes. It’s clear that Global Memorial Products Ltd specializes in this niche market, offering various sizes, designs, and materials, including companion urns and keepsake options. The site also highlights the company's commitment to quality and ease of use, with detailed instructions and size guides available. It's an e-commerce focused business, with no indication of a physical retail presence.

Financially, Global Memorial Products Ltd shows a mixed picture. Current assets decreased by 19% to £28,000, while net assets dropped by 34% to £9,900. Bank borrowings increased by a significant 260%, reaching £2,600, and cash reserves fell 15% to £7,400. Creditors also increased by 28%, reaching £15,000. The company’s small size—meeting two of three conditions for being considered small—helps it maintain agility, but the decline in equity raises questions. There’s no mention of an auditor, likely due to its small size and exemption from an audit.

Overall, Global Memorial Products Ltd appears to be a small, specialized business facing some financial pressures. The company’s focus on a niche market and its positive online reviews suggest potential for growth, but the declining equity and increasing debt warrant close monitoring.

Registered in England/Wales under the registration number 08919257, with a registered address at TQ4 5BW, United Kingdom, Paignton, Devon, 13 Hyde Road.

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