Globo Uk Limited

Globo Uk Ltd, based in Wolverhampton, UK, is a small, family-run business with an active status. Established 28 years ago in 1997, it employs just two people and holds £139,972 in assets. Operating from a virtual address—shared with sixteen other companies—it's managed by two directors and owners, Jones Nicholas Stephen and Jones Dawn Elizabeth. The company boasts a perfect 5.0 Google rating based on a single review. It’s a regular importer of footwear and related items, with 15 months of import activity recorded.

The company's website, Globo Ladies Footwear, showcases a collection of women's shoes, ranging from high heels to moccasins, emphasizing quality and style. It caters to wholesalers and smaller retailers, offering a seasonally updated collection and even exhibiting at international fairs like Expo Riva Shoe. The website also highlights the company's commitment to ethical production, adhering to REACH regulations. It also has a presence in the Netherlands and Ireland, with contact information provided for each region.

Financially, Globo Uk Ltd shows a mixed picture. Current assets decreased by 4.8% to £140,000, while net assets increased by a significant 230% to £3,500. Bank borrowings decreased by 26% to £17,000, and cash reserves increased by a substantial 270% to £30,000. Trade debtors decreased by 25%, suggesting improved collection efficiency. Creditors remained relatively stable. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor mentioned is likely due to its small size, and the financial statements are unaudited.

Despite the positive cash flow, the significant decrease in trade debtors and the increased bank borrowings suggest the company might be struggling to maintain consistent sales. The virtual address, while cost-effective, could raise questions about its physical presence and operational scale. Overall, Globo Uk Ltd appears to be a resilient, family-run business navigating the challenges of a competitive footwear market—but keeping a close eye on its sales and debt management will be key to its continued success.

Registered in England/Wales under the registration number 03309734, with a registered address at WV11 1ST, Wolverhampton, West Midlands, 39 High Street, Wednesfield.

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