Global Shirt Box Limited

Global Shirt Box Limited, based in London, UK, is a small, active company established thirteen years ago in 2011. It employs five people and holds assets totaling £2,551,033. With three directors and two owners, the company operates from a real address and is registered with Companies House. It’s an irregular importer, primarily dealing in clothing and accessories that aren’s knitted or crocheted, with recent import activity recorded just one month ago.

The company’s website highlights its role as a design and product development partner for men's casual and smart shirts, offering a "360 Design Service" and trend reports. With offices in London, Mumbai, and Sydney, Global Shirt Box provides worldwide support to its clients. It's clearly focused on private label manufacturing, emphasizing bespoke service and catering to individual client needs. The website also mentions a history of over 25 years under the guidance of Director David Jaffa, positioning the company as a leader in the UK manufacturing sector.

Financially, Global Shirt Box Limited presents a mixed picture. Cash bank on hand increased by a healthy 4.8% to £1.3 million, and current assets grew by 1.8% to £2.6 million. However, creditors decreased by 5.7% to £1.1 million. Retained earnings accumulated losses increased by 8.3% to £1.5 million. Borrowings have been reduced significantly, with balances owed by related parties dropping a staggering 100% to zero. 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 flexibility, but the decrease in creditors could indicate a need to manage cash flow more carefully. The accounts are abridged and unaudited, and no auditor is mentioned.

The company’s reliance on commissions paid to Innovative Business FZE, a non-UK resident company, and the involvement of a director who is also a director of Innovative Business, warrants further scrutiny. Overall, Global Shirt Box Limited seems to be navigating a period of change, with both opportunities and challenges ahead.

Registered in England/Wales under the registration number 07758989, with a registered address at NW10 7GJ, United Kingdom, London, Autogem House Autogem House, Abbey Road.

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