Glory Bird Limited

Glory Bird Limited is a small, active company based in Cardiff, UK, founded two years ago in January 2023. The company, with £4,867 in assets, operates an e-commerce site and is led by two directors and a solo founder, Rashid Rahat, who also serves as the owner. It has a real registered address and employs no staff. The business is involved in the wholesale of textiles, retail of textiles, and the retail sale of new goods via the internet.

The company’s website, while not directly linked to the report, suggests a focus on textile-related products, potentially catering to a niche market. The e-commerce presence indicates a direct-to-consumer strategy, bypassing traditional retail channels. It's clear that the company is trying to establish itself in the online marketplace.

Financially, Glory Bird Limited presents a mixed picture. While the company is small (meeting two of three conditions for classification), its net assets are negative at -£1,800. Cash reserves are a modest £1,100, and trade creditors have reached £6,000. Bank borrowings are also at £6,000. Although creditors decreased slightly, the negative equity suggests the company is burning through cash, and is in a difficult position. The lack of employees and the absence of an auditor (likely due to its small size) mean the figures are unaudited. It's possible that the company is still in its early stages, and is experiencing typical startup challenges. The accounts are filleted, and were authorised for issue on October 3, 2024.

Registered in England/Wales under the registration number 14569505, with a registered address at CF14 8LH, Cardiff, 14569505 - COMPANIES HOUSE DEFAULT ADDRESS.

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