Globestock Limited

Globestock Ltd from Oswestry, UK, is a small holding company with an active status, having been founded 42 years ago in 1982. Employing 20 people, the company holds assets worth £1,616,450 and operates from a real address. With six directors and one owner, Globestock Ltd regularly imports and exports machinery, boilers, and mechanical appliances; parts, having done so for 78 and 91 months respectively. The company operates in the manufacture of other fabricated metal products n.e.c. industries.

The company's website showcases a range of safety equipment, including autoreel systems, load arrestors, and winches, catering to confined space entry and retrieval needs. Globestock Safety’s mission is to provide reliable, superior products and outstanding customer service, emphasizing its British manufacturing roots. Recent news highlights participation in the Western Conference on Safety and a new partnership with Sicur Delta. The website also features a configurator for its XTIRPA Pole Hoist system, suggesting a focus on customization and technical solutions.

Financially, Globestock Ltd presents a mixed picture. While bank borrowings increased significantly by 140%, cash reserves saw a healthy 250% jump to £57,000. Net assets grew by 36% to £1,100,000, a positive sign. However, creditors also rose by 15%, and depreciation on property and equipment increased, which could indicate investments in infrastructure. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, which is typical for small companies. The company’s growth in assets and cash reserves is encouraging, but the increase in debt warrants monitoring.

Registered in England/Wales under the registration number 01641128, with a registered address at SY10 8GA, England, Oswestry, Shropshire, Unit 6 Mile Oak Industrial Estate, Maesbury Road.

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