Global Underground Limited
- Small
- Active
- 22 years
- 1 employee
- £170,603 (assets)
- Real address
- 1 director
- 1 owner
- Irregular importer
- E-commerce
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 Underground Ltd from Newcastle Upon Tyne UK is a small, active company founded 22 years ago. With just one employee and £170,603 in assets, it operates from a real address and is led by a single director and owner. The company runs an e-commerce site and regularly imports electrical machinery and equipment, with the most recent import activity occurring in January 2025.
The company’s activities center around sound recording and music publishing, operating within a niche sector. While its website isn’t detailed, it's clear the business has a presence online. The company’s small size—meeting two of three criteria for being considered small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees)—allows for agility.
Financially, Global Underground Ltd’s picture is mixed. Current assets have increased by 14%, reaching £170,000, while bank borrowings have surged by 170%, reaching £27,000. Equity, however, has seen a dramatic drop of 98%, falling to just £1,200. Creditors have also increased by 20%, and trade debtors are up 17%. Cash reserves, thankfully, have risen by 44% to £250. The company’s unaudited financial statements, which lack any mention of an auditor, show a company in transition. It's likely the company is facing some challenges with cash flow, although it’s difficult to say for sure without more information. The company’s director, Horsfield Andrew, appears to be managing the business solo.
Registered in England/Wales under the registration number 04654041, with a registered address at NE1 6UF, United Kingdom, Newcastle Upon Tyne, Tyne And Wear, 4th Floor British India House, Carliol Square.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 22 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Confirmation statement made on 2025-01-06 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-12-31Download 11 pages pdf report
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Confirmation statement made on 2024-01-06 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 Underground Limited
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