Global Merchandise & Design Ltd

Global Merchandise & Design Ltd, based in London, UK, is a small holding company with an active status. Founded fifteen years ago in 2009, it employs eleven people and holds assets valued at £3,079,725. The company operates from a virtual address, registered with a hundred other businesses, and is managed by three directors and one owner. It regularly imports and exports clothing and accessories made by knitting or crocheting, with a history of 110 months of imports and 16 months of exports.

The company’s activities seem primarily focused on wholesale trade, although a deeper look reveals a possible connection to a larger network. It’s not clear if they have a dedicated website, but the information available suggests a business model centered around sourcing and distributing knitted and crocheted goods.

Financially, Global Merchandise & Design Ltd presents a mixed picture. While cash bank on hand has increased significantly by 56%, reaching £1.7 million, creditors have decreased by 27%, settling at £440,000. Debtor values have increased by 36%, suggesting a possible reliance on credit sales. Net assets have also risen by 56%, reaching £2.3 million. 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 increase in financial commitments by 200% to £38,000 warrants attention. The company is exempt from an audit, and the financial statements are unaudited. The increase in average employees by 9.1% to twelve may indicate growth, but also potentially increased operational costs.

Registered in England/Wales under the registration number 07096689, with a registered address at N13 5RY, London, 590 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.