Global Wander Ltd

Global Wander Ltd is a small, active company from Witham, UK, established four years ago. It’s a solo-founder operation with one employee and £20,029 in assets, operating from a real address. The company is led by a single director and owner, Howard Emma Alice.

The company's website showcases a range of souvenir products, primarily figurines and vases, sold online. It appears to be an e-commerce business, with a focus on Chinese-inspired ceramics and decorative items. The website lists a Hong Kong address and tax code, suggesting potential international sourcing or distribution. Products range in price from £70 to £630, and the site offers free shipping on orders over a certain amount.

Financially, Global Wander Ltd’s numbers paint a mixed picture. Cash reserves increased by a significant 280% to £12,000, which is a positive sign. However, net assets declined by 170% to £2,100, and net current assets decreased by 25% to -£4,000. Creditors increased substantially by 180% to £24,000, and bank borrowings jumped by 240% to £16,000. It's worth noting that accrued liabilities also increased by 48% to £1,100. Despite these challenges, the company’s small size (meeting two of three criteria for a small company) allows for flexibility. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements.

While the company’s online presence looks professional, the financial data reveals a company burning through cash. The increase in liabilities suggests it’s relying on credit to keep operating, and the decline in equity raises concerns about its long-term viability. It’s possible that the company is experiencing typical startup challenges, but the trends warrant close monitoring.

Registered in England/Wales under the registration number 12655865, with a registered address at CM8 3LZ, England, Witham, Pippins Kelvedon Road, Wickham Bishops.

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