Globalcorp Ltd

Globalcorp Ltd is a small, active company based in London, UK, founded just one year ago. It holds £17,419 in assets and generates £24,108 in yearly revenue, operating from a virtual address. With a single director and owner—a solo founder—the company’s status is active. It’s classified as a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company's website reveals it's a full-fledged, leading nonbanking financial services institution in Egypt, operating since 2015. Globalcorp provides leasing, factoring, and consumer finance services, targeting both businesses and individual consumers. It offers leasing for assets like real estate and machinery, factoring to improve cash flow, and consumer finance products. The company even has a presence in the piano restoration business, a surprising contrast to its core financial services.

Financially, Globalcorp Ltd’s numbers paint a concerning picture. Net assets have fallen to -£11,000, and cash reserves have dwindled to just £17,000. Operating losses deepened to -£16,000, and trade debtors have risen to £5, suggesting difficulties in collecting payments. Bank borrowings are at £28,000. While creditors have decreased slightly, the overall trend indicates a company struggling to maintain its financial health. The lack of employees (zero reported) suggests a lean operation, but the significant losses and declining cash reserves raise concerns. As a small company, it’s exempt from an audit, relying on unaudited financial statements.

Registered in England/Wales under the registration number 15214585, with a registered address at EC1V 2NX, United Kingdom, London, 128 City Road.

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