Glory Retail Ltd

Glory Retail Ltd, based in Waterlooville, UK, is a small, active company founded four years ago. With just £3,294 in assets and a yearly revenue of £78, it’s a modest operation. The business, a family affair with two directors and two owners, holds a respectable 4.0 Google rating based on seven reviews. It operates from a real address and is considered a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet under £5.1 million, and fewer than 50 employees.

The company's website paints a picture of a larger organization focused on providing solutions to enhance the customer experience across various industries. It caters to retail stores, restaurants, hotels, banks, and even the gaming sector. Glory Retail isn't just selling products; it’s offering automated processes, self-service kiosks, and cash management systems—all designed to improve efficiency and customer satisfaction. The website highlights solutions for retail, restaurants, financial institutions, and cash centres, with a particular emphasis on self-checkout options and cash automation. It's clear that Glory Retail is positioning itself as a technology provider, not just a retailer.

Financially, Glory Retail Ltd is showing some concerning trends. While the company is small, its net losses have deepened to -£4,800, a significant change from the -£20,000 reported previously. Cash reserves have fallen by a substantial 76%, leaving just £12,000 available. Trade creditors have also decreased considerably, suggesting an effort to manage debts, but the sharp decline in equity and cash is a worry. The lack of employees (zero reported) means the business is likely run by a small team, and with no auditor mentioned, the unaudited figures rely on director-reported data.

It's clear that Glory Retail is facing challenges, despite its focus on technology and customer experience. Whether it can sustain its operations with such low revenue and dwindling cash remains to be seen—but its focus on automation and efficiency suggests a potential path toward long-term success.

Registered in England/Wales under the registration number 12585234, with a registered address at PO7 5NJ, England, Waterlooville, 4 Bursledon Road.

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