Global Tattoo Supplies Ltd

Global Tattoo Supplies Ltd, based in Liverpool, UK, is a small, active company established 21 years ago. With four employees and £36,896 in assets, it operates from a real address and is overseen by three directors and two owners. The company boasts a perfect 2024 Google rating of 5.0 based on one review. It's a regular importer, primarily of iron or steel products, with five months of import activity recorded.

The company’s core business is retail, operating in the “other retail sale not in stores, stalls or markets” industry. While it doesn’s have a website, its business model appears to focus on supplying tattoo artists and studios with necessary equipment and materials.

Financially, Global Tattoo Supplies Ltd presents a concerning picture. Current assets have plummeted by 53%, falling to £37,000, while net assets have dropped dramatically by 470%, landing at a negative £54,000. Bank borrowings have increased, and cash reserves have shrunk by 88%, leaving only £340. Creditors have also increased significantly by 32%, suggesting a reliance on short-term financing. The company's small size (meeting two of three criteria for a small company) offers some agility, but the sharp decline in equity is a worrying sign. The accounts are unaudited, and no auditor is mentioned.

These trends suggest that Global Tattoo Supplies Ltd is burning through money. While the company maintains a strong Google rating, its financial health is clearly under pressure. Whether it can turn things around remains to be seen.

Registered in England/Wales under the registration number 05061437, with a registered address at L20 8BR, Liverpool, Merseyside, 2 Hotspur Street.

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