Global Merchandising Services Limited

Global Merchandising Services Ltd, a holding company based in London, UK, has been active for 16 years, employing 36 people and managing assets worth £43,266,128. The company, a family business with a Google rating of 3.0 based on two reviews, operates from a virtual address shared by 103 other companies. It’s led by four directors and owned by Drinkwater Barry Michael and Drinkwater Karin Agneta. The company regularly imports and exports clothing and accessories made by knitting or crocheting, with 130 months of import activity and 143 months of export activity, the last operations occurring in December 2024 and January 01, 2025, respectively.

The company’s website highlights its specialization in brandbuilding within the music, celebrity, and entertainment merchandising sectors. Global is described as an industry leader in consumer, lifestyle, and brand management, with headquarters in both London and Los Angeles. It drives branding business forward by developing unique merchandise programs, capitalizing on its abilities to be nimble and innovative. The company works closely with clients to meet fast-changing fashion and trend demands. It employs a team of 95 members in London and Los Angeles.

Financially, Global Merchandising Services Ltd shows a mixed picture. While cash reserves increased by 58% to £16 million, net assets significantly declined by 55% to £14 million. Bank borrowings surged by an astonishing 19,000% to £7.9 million, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. Losses deepened from £12 million to £4.2 million. The company’s small size helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned, the figures rely on unaudited statements.

The company's operations are described as "other business support service activities n.e.c." The company is using CCH software to manage its accounts. The company's ultimate controlling parties remain unchanged, Drinkwater Barry Michael and Drinkwater Karin Agneta, by virtue of their majority shareholdings.

Registered in England/Wales under the registration number 06575437, with a registered address at NW8 0DL, London, 55 Loudoun Road, St John's Wood.

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