Global Micro Supplies Ltd

Global Micro Supplies Ltd from Brighton UK: small company, holding company, active status, founded 6 years ago, £25,209 assets, real address, 1 director, 1 owner. Regular importer of optical and medical tools and devices (4 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £25,209. The company operates in the retail sale of cosmetic and toilet articles in specialised stores industries. It’s a regular importer, with its top import category being Optical and medical tools and devices, totaling 4 months of imports. The last import operation was conducted on August 01, 2022.

The company’s website, however, paints a very different picture. It’s not selling cosmetics or toilet articles, but rather dedicated to responsible mineral sourcing. It’s a platform for the Responsible Minerals Initiative (RMI), an organization working to improve due diligence in the mineral supply chain. The site is packed with resources: standards, reporting templates, training materials, and a searchable database of smelters and refiners. It’s clear that Global Micro Supplies Ltd functions primarily as a conduit for the RMI, facilitating its mission to promote ethical and sustainable mineral sourcing practices. It seems the cosmetic and toilet articles retail is a side venture, or perhaps a historical one.

Financially, Global Micro Supplies Ltd is showing some concerning trends. Cash bank on hand has plummeted 75%, dropping to just £4,700. Creditors have also fallen significantly, 82%, to £5,300. While bank borrowings have decreased slightly, the sharp decline in cash reserves is a red flag. Net assets have also taken a hit, falling 38% to £8,500. The company's small size (meeting two of three conditions for being small) helps it stay agile, but the drop in equity raises questions about its long-term viability. Although no auditor is mentioned, likely due to its small size, the figures rely on unaudited statements. The company is holding steady but facing pressures.

Registered in England/Wales under the registration number 11485555, with a registered address at BN2 8LQ, United Kingdom, Brighton, East Sussex, 46a Oaklands Avenue, Saltdean.

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