Glorious Logistics Limited

Glorious Logistics Ltd from Sutton UK: a small, family business, is active and was founded five years ago. Employing 17 people, it holds £282,873 in assets and operates from a real address. Two directors and two owners manage the company, which regularly imports and exports essential oils and perfumes – 33 months of imports and 5 months of exports recorded. The company specializes in logistics services, particularly for the beauty industry, offering retailer order management and e-commerce fulfilment. Its website highlights partnerships with brands like Stila, PUR PR, Trilogy, and bkr, showcasing a focus on high-quality products and bespoke services like custom wrapping and bundle creation.

The company’s website details a range of services, including retailer order management and e-commerce fulfilment, with a focus on environmentally conscious packing and shipping. It seems to operate as a logistics partner for beauty brands, handling everything from order processing to bespoke wrapping and shipping across the UK, EU, and beyond. The emphasis on accuracy, tracking, and meeting retailer specifications suggests a focus on reliable and compliant logistics solutions.

Financially, Glorious Logistics Ltd presents a mixed picture. While cash reserves saw a significant jump of 2200% to £67,000, net assets still remain negative at -£57,000. Trade debtors decreased by 27%, which could indicate improved collection rates, but creditors increased by 38% to £56,000. Bank borrowings decreased by 10%, suggesting a slight easing of debt pressure. The company’s small size—meeting two of three conditions for a small company—helps maintain agility, but the negative equity position warrants attention. The lack of an auditor mentioned points to an exempt status, relying on unaudited financial statements.

Overall, Glorious Logistics Ltd appears to be navigating a challenging financial landscape. While its logistics services for the beauty industry seem to be thriving, the company’s equity position suggests it’s burning through money. The company's family-run nature and focus on specialized services could be key to its long-term success, but careful financial management will be essential.

Registered in England/Wales under the registration number 12220025, with a registered address at SM1 4LA, United Kingdom, Sutton, 1 Westmead Road.

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