Global Science Technology Limited

Global Science Technology Limited is a small, holding company based in Loughborough, UK, with an active status. Founded eight years ago in 2016, the company holds £425,921 in assets and operates from a virtual address shared by numerous other businesses. It's led by three directors and has one owner, though the list of owners was changed six years ago.

The company's primary focus is on allergy and intolerance testing, offering a range of tests from both conventional and alternative medicines. Its website, Global Science, positions itself as a global health and wellness testing company, partnering with testing facilities worldwide. They offer a reseller portal for partners, providing access to products, services, and labs with preferential rates. The company also sells conventional and complementary products and services, and boasts ISO accreditation for its labs.

Financially, Global Science Technology Limited shows a mixed picture. Current assets have decreased by 21% to £430,000, while equity has also fallen by 25% to £290,000. Cash reserves have taken a significant hit, dropping 75% to £55,000. Debtors have increased by 17%, suggesting a possible expansion of credit terms, and creditors have also decreased by 9.9%. 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 agility, but the decline in equity and cash reserves warrants attention. No auditor is mentioned, meaning the financial statements are unaudited.

While the company seems to be active in the health and wellness testing market, the financial data suggests it's burning through money. The reliance on a virtual address and the lack of employees could be signs of a lean operation, but the declining equity and cash reserves raise concerns about its long-term financial health.

Registered in England/Wales under the registration number 10219531, with a registered address at LE12 7TZ, England, Loughborough, Leicestershire, C/O Charnwood Accountants The Point, Granite Way, Mountsorrel.

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