Global Relay Uk Limited

Global Relay Uk Limited, based in London, is a large, active company founded fifteen years ago in 2009. Employing 295 people and holding assets of £9,172,155, it operates from a real address and is led by one director and a solo founder, Roy Warren. The company boasts a stellar 5.0 Google rating from 25 reviews and irregularly imports clothing and accessories made by knitting or crocheting, with the last import occurring two months ago.

The company's primary focus is data processing, hosting, and related activities, offering solutions for compliant business communication. Its website highlights a range of products and services, including an app for messaging on various channels, an archive for storing data, connectors for integrating different systems, and surveillance tools for proactive risk management. Global Relay caters to diverse industries like finance, legal, pharma, and government, offering tailored solutions for mobile communication, eDiscovery, and data migration. It also provides professional services, discovery as a service, and a partner program for collaborative opportunities.

Financially, Global Relay Uk Limited shows some concerning trends. While turnover increased by 39%, reaching £53 million, net assets experienced a significant jump to £7.6 million. However, bank borrowings surged by 2,400%, reaching £4.8 million, and cash reserves fell 89% to just £630,000. Staff costs increased by 47%, reaching £43 million, and director remuneration rose by 38% to £250,000. Creditors decreased by 10%, suggesting better debt management. The company's substantial workforce and asset base indicate a well-established operation, but the increased debt levels and declining cash reserves suggest it may be burning through money. The absence of an auditor mentioned in the report, likely due to its size, means the figures are unaudited.

The company’s reliance on a recharge agreement with its parent company, Global Relay Communications Inc, represents its only source of revenue, and the confirmation of support for at least the next 12 months offers some reassurance. Despite these challenges, Global Relay Uk Limited maintains a strong presence in the data processing and compliance solutions market, supported by its established customer base and ongoing product development.

Registered in England/Wales under the registration number 07058422, with a registered address at EC4M 5SB, England, London, 45 Cannon Street, 6th Floor.

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