Globality Games Ltd

Globality Games Ltd from Uckfield UK: small company, active status, founded 7 years ago, £2,006 assets, virtual address, 1 director, 1 owner, solo founder. It’s a small, family-run business with a real registered address and a single director and owner, Feigel Tamas. Founded in 2017, the company operates in a variety of sectors, including retail sale of games and toys, publishing, and even some other publishing activities. The address is probably virtual as 308 companies registered at the same address.

The company's website, globality.com, focuses heavily on AI-powered procurement solutions for businesses. It’s not really an e-commerce site selling games or toys directly; instead, it offers a platform that helps large companies manage their spending and sourcing processes. The website highlights features like autonomous sourcing, tail spend management, and AI integrations, targeting procurement professionals and enterprise buyers. They’re running webinars and offering demos to showcase their technology and promise significant cost savings for their clients. It seems like they're really pushing a B2B service, not a consumer product.

Financially, Globality Games Ltd is showing some concerning trends. Current assets have dropped by 27% to just £2,006, and net assets are down 51% to -£2,200. Bank borrowings haven’t increased, but the significant drop in equity suggests the company is burning through cash. There’s no mention of an auditor, which is typical for small companies, so the figures are unaudited. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

While the company’s AI-driven procurement platform seems to be gaining traction, the financial data suggests it’s facing challenges. Whether it can sustain its growth and turn a profit remains to be seen—but for now, Globality Games Ltd is relying on its technology and client relationships to navigate these pressures.

Registered in England/Wales under the registration number 10932388, with a registered address at TN22 1HN, England, Uckfield, 1a Falmer Court, London Road.

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