Globec (uk) Limited

Globec (UK) Limited, operating from Watchfield, Oxfordshire, is a small, active holding company established 33 years ago in May 1992. With four employees and £324,198 in assets, it’s a modest operation overseen by three directors and a single owner. The company’s core business revolves around importing and exporting electrical machinery and equipment, with a significant history of both—542 months of imports and 30 months of exports recorded.

Globec (UK) Limited functions as a technical agent and stocking distributor for specialized electronic components, serving the electronics industries throughout the UK and Ireland. Its website highlights a broad range of products, from EMC protection and RF parts to hybrid circuits and heat sinks, catering to diverse applications like industrial process control, telecommunications, and aerospace. The company’s website also mentions a piano restoration business, 1066 Pianos, which may or may not be related.

Financially, Globec (UK) Limited’s recent performance indicates some challenges. Current assets have declined by 26%, dropping to £320,000, while net assets have fallen by 21%, settling at £140,000. Bank borrowings have decreased by 55%, reaching £8,300, and cash reserves have plummeted 57%, leaving £57,000. Creditors have also decreased by 33%, suggesting improved debt management. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the equity decline warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 02713264, with a registered address at SN6 8TZ, Watchfield, Oxfordshire, Unit 15, Shrivenham Hundred Business Park.

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