Global Supplies And Engineering Limited

Global Supplies And Engineering Ltd from Mexborough UK: small company, active status, founded 15 years ago, 3 employees, £1,794,719 assets, virtual address, 4 directors, 2 owners. Regular importer of machinery, boilers, and mechanical appliances; parts (119 months imported). Regular exporter of machinery, boilers, and mechanical appliances; parts (467 months exported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the wholesale of machine tools industries. Officially, it has two owners or PSCs, four directors, and three employees.

The company’s website, globalsuppliesonline.com, lists a wide range of cities across the UK where it supposedly offers services – a long list that stretches from Aberdeen to Southend-on-Sea. This extensive reach is likely a marketing tactic, as the registered address is a virtual one, shared by 24 other companies. The site’s primary function appears to be a directory, allowing users to select a city and view the company’s contact details. There’s no obvious e-commerce functionality; it’s more of a business-to-business listing service, connecting potential clients with the company’s engineering services.

Financially, Global Supplies And Engineering Ltd shows a mixed picture. Cash reserves increased by a significant 78% to £1.2 million, a positive sign of improved liquidity. However, creditors also rose sharply by 82% to £810,000, suggesting increased reliance on short-term financing. Trade debtors also increased by 35%, which could indicate difficulties in collecting payments. Despite these challenges, the company’s net assets grew by 42% to £1.2 million. The company’s small size helps it stay agile, but the increase in borrowing raises questions about its long-term sustainability. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

The company’s assets, at £1.79 million, are largely tied up in property, plant, and equipment, with a significant portion being depreciation. While the company’s growth in imports and exports is encouraging, the rising debt levels warrant close monitoring. It seems like the company is doing well in its niche, but it's important to keep an eye on its financial health.

Registered in England/Wales under the registration number 07189763, with a registered address at S64 8AP, Mexborough, South Yorkshire, 39/43 Bridge Street, Swinton.

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