Global Standards Limited
- Small
- Active
- 18 years
- 12 employees
- £636,177 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Global Standards Ltd, based in London, UK, is a small, active company founded eighteen years ago in 2007. With twelve employees and £636,177 in assets, it’s a solo-founded operation managed by one director and owner. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with a consistent record of 131 months of import activity, the latest in February 2025.
The company’s website, GOTS (Global Organic Textile Standard), focuses on setting standards for organic textiles. It's not an e-commerce site but rather a resource hub for textile producers, retailers, and consumers interested in organic and sustainable practices. The site provides detailed information on the GOTS standard, including its philosophy, key features, compliance support, and certification process. It also offers a searchable database of certified suppliers, shops, and inputs, facilitating the sourcing of organic textiles. The website has a lot of information, and it’s a bit overwhelming.
Financially, Global Standards Ltd presents a mixed picture. While current assets increased by 22% to £640,000, net assets decreased by 12% to £420,000. Bank overdrafts surged by a staggering 5800% to £180,000, indicating a potential cash flow challenge. Creditors also increased significantly, by 280% to £240,000, suggesting a reliance on short-term financing. 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 increased debt load warrants attention. No auditor is mentioned, which is likely due to the company’s exemption as a small entity.
The company’s focus on organic textile standards, while commendable, appears to be more about setting and promoting standards rather than direct sales. The surge in debt, however, suggests a need for careful financial management to ensure the company’s long-term sustainability. It’s a bit concerning, really, but hopefully they can turn things around.
Registered in England/Wales under the registration number 06067319, with a registered address at E2 9ED, London, 507 Hackney Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 4
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 18 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 5 pages pdf report
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Compulsory strike-off action has been discontinuedDownload 1 page pdf report
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Confirmation statement made on 2024-11-11 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Global Standards Limited
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