Global Web Innovation Ltd

Global Web Innovation Ltd is a private limited company registered in England/Wales with the registration number 13396743. The company was founded three years ago on May 14, 2021, and registered at PO16 0EN, United Kingdom, Fareham, Hampshire, 203 West Street. The address is probably virtual as 272 companies registered at the same address. Its status is active. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director and no number of employees published.

The company’s website showcases a portfolio of trademarks specializing in ecommerce, digital solutions, and creative designs. It’s clear they’re aiming to be a one-stop shop for businesses looking to boost their online presence, with services ranging from web design and social media content creation to the operation of online shops. The site highlights several brands, including Multibargain (electronics), IQspired (web and graphic design), Glimtzy (clothing and accessories), talento artesanal (home and fashion designs), and My Scented (luxury candles). Each brand seems to target a different niche, suggesting a diverse revenue stream.

Financially, Global Web Innovation Ltd is showing some concerning trends. While cash reserves increased significantly to £330, from just £6, that’s a positive sign, net assets have fallen to -£4,100 from -£2,900. Loans from directors increased by 82%, reaching £3,400, and accrued liabilities rose to £1,000. Trade creditors also increased to £4,400. It’s worth noting that the company is classified as small, meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The accounts are described as “filleted” and were prepared using Taxfiler software, and no auditor is mentioned. The accounts were signed by R Pinto, the director.

Overall, Global Web Innovation Ltd seems to be navigating a period of financial strain. The increase in loans from directors and the decline in equity suggest the company may be burning through cash to fund its operations, although the increased cash reserves offer some hope. It’s possible the company is investing heavily in its various brands and services, but the financial data indicates a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 13396743, with a registered address at PO16 0EN, United Kingdom, Fareham, Hampshire, 203 West Street.

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