Global Trading U K Limited

Global Trading UK Ltd, based in Enfield, UK, is a small, holding company with an active status, having operated for 45 years. Employing 28 people and holding assets of £5,654,472, the company utilizes a virtual address, a detail flagged by the presence of 202 other companies registered at the same location. Two directors and one owner (though this list may not be exhaustive) oversee the business, which operates as both a regular importer and exporter of paper and paperboard products, with 274 months of import activity and 6 months of export activity recorded.

The company's website is non-existent, making it impossible to determine if they operate an e-commerce platform or primarily engage in wholesale trade. This lack of an online presence could indicate a business-to-business model focused on direct sales rather than consumer retail.

Financial data reveals a mixed picture. While current assets increased by 14% to £5,700,000, net assets remained unchanged at £2,900,000. Cash reserves, however, experienced a significant drop of 87%, dwindling to just £3,900. Trade debtors surged by 68%, suggesting potential issues with customer payments or a shift toward offering more credit. Creditors also increased, with current liabilities rising by 26%. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in cash and rise in debtors could signal financial strain. The lack of an auditor mentioned likely means the accounts are unaudited, relying on director-reported data.

Overall, Global Trading UK Ltd appears to be navigating a period of change. While asset growth is positive, the decrease in cash and rise in debt suggest the company is burning through money. It's possible that the company is investing in growth, but the lack of information about their operations makes it difficult to determine the underlying cause.

Registered in England/Wales under the registration number 01450699, with a registered address at EN2 8DJ, England, Enfield, 45 Chase Court Gardens.

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