Global Merchandise Direct Ltd

Global Merchandise Direct Ltd is a small, holding company based in Godalming, UK, with an active trading status. Founded seven years ago in 2018, the company employs just three people and holds £1,277,364 in assets. It operates from a virtual address, a detail worth noting as 154 companies are registered at the same location. Two directors and one owner (though the list of owners may not be exhaustive) oversee the business. The company regularly imports and exports miscellaneous food products, with 14 months of import activity and 13 months of export activity recorded.

The company's website, globalmerchandisedirect.com, positions itself as "distribution online retail specialists," focusing on maximizing sales revenue for manufacturers in the health and personal care arena. It works with a range of brands, including Vegan Vitality, Art Naturals, and Feg Lemberg, and offers services like product selection, relationship building, and revenue generation. The site also highlights its work with brands like Vegetology and Layrite, and even has a section dedicated to client brands.

Financially, Global Merchandise Direct Ltd shows a mixed picture. While current assets increased by a healthy 46% to £1.3 million, equity also increased by 60% to £1.1 million. However, bank borrowings surged, and cash reserves decreased by 44% to £89,000. Trade debtors increased significantly, suggesting a potential need to manage customer payments more effectively. Creditors decreased by 12%, which is a positive sign. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible, but the changes in cash reserves warrant attention. The company's accounts were audited by an external firm, and the accounts show the company is exempt from audit under section 477 of the Companies Act 2006.

Registered in England/Wales under the registration number 11268293, with a registered address at GU7 1LQ, United Kingdom, Godalming, Surrey, Ashcombe Court, Woolsack Way.

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