Global Sourcing Lt Limited

Global Sourcing Lt Limited is a small, active company based in Morden, UK, founded six years ago in 2018. Employing just one person, it operates as a solo-founded e-commerce business with a virtual address shared by many other companies. The company is led by a single director and owner, Ahmad Bashir Ud Din.

The business specializes in wholesale and retail operations, focusing on clothing and footwear, electronic equipment, and telecommunications parts. Its website, Global Sourcing Group, positions itself as a leading UK sportswear wholesaler, stocking brands like Adidas, Nike, and Umbro. It caters to both online and EU-based clients, emphasizing reliable service, quality products, and on-time delivery. The site also features a contact form, quick links to brands, and information on terms, conditions, delivery, and returns. The registered address is listed as Marshall House Suite 21/25, 124 Middleton Road, Morden, SM4 6RW, although this address is likely virtual.

Financially, Global Sourcing Lt Limited presents a mixed picture. Cash reserves increased significantly to £34,000, a positive sign, but equity has fallen to -£7,500. Creditors are at £41,000, and net current assets liabilities are -£7,500. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the negative equity is a concern. The lack of a mentioned auditor is typical for small companies.

Despite these financial challenges, the company’s focus on wholesale sportswear and its online presence suggest ongoing activity. The increase in creditors could be due to expanding operations, but the negative equity does raise questions about its long-term financial health.

Registered in England/Wales under the registration number 11633660, with a registered address at SM4 6RW, England, Morden, Marshall House Suite 21/25 124 Middleton Road.

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