Global Single Source Limited

Global Single Source Ltd from Coventry, UK, is a small, active company founded 21 years ago. With 13 employees and £955,300 in assets, it operates from a virtual address – a point to note as 35 companies are registered at the same location. The company is led by seven directors and has one owner, Evans Peter George. It runs an e-commerce site and maintains a 5.0 Google rating based on two reviews. The company regularly imports machinery, boilers, and mechanical appliances; parts, with 74 months of import activity recorded.

The company’s website showcases a wide range of industrial supplies, from hand sanitizers to power tools, catering to businesses needing consumables, corporate clothing, fasteners, and more. It positions itself as a "fast growing integrated supply solutions provider," aiming to help clients achieve cost savings and streamline their operations. The site highlights services like consignment stocks and total integrated supply solutions, suggesting a focus on B2B sales and value-added services.

Financially, Global Single Source Ltd presents a mixed picture. Current assets decreased by 10%, settling at £960,000, while net assets dropped 6.4% to £440,000. Bank borrowings remained stable, and cash reserves declined by 23% to £210,000. Trade debtors decreased by 13%, indicating improved collection efforts, but creditors also fell by 6.9%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity warrants closer examination. No auditor is mentioned, which is typical for small companies.

Overall, Global Single Source Ltd appears to be navigating a challenging economic climate. While its e-commerce platform and integrated supply solutions offer potential for growth, the company will need to carefully manage its finances and maintain strong customer relationships to ensure its long-term success.

Registered in England/Wales under the registration number 04811611, with a registered address at CV4 8HX, England, Coventry, West Midlands, 1&2 Mercia Village Torwood Close, Westwood Business Park.

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