Gls Food Solutions Ltd

Gls Food Solutions Ltd is a small, active company based in London, UK, founded four years ago in June 2020. It has a virtual address and employs just one person, holding £119,694 in assets. The company is led by three directors and owned by three individuals, with a solo founder at the helm. Gls Food Solutions operates as an irregular importer, primarily dealing in miscellaneous food products, with just one month of import activity recorded as of August 2023. The company’s website is currently unavailable, making it difficult to determine the specifics of its operations.

The company’s core business involves non-specialised wholesale trade, positioning it as a link between food producers and retailers. While no specific e-commerce presence is apparent, the wholesale nature suggests a business-to-business model rather than direct consumer sales. It’s unclear if they have a physical storefront or rely solely on online communication and logistics.

Financially, Gls Food Solutions Ltd presents a mixed picture. Cash bank on hand has decreased by 38%, dropping to £48,000, while creditors have fallen by 46%, settling at £37,000. Current assets have increased by 43%, reaching £120,000, and trade debtors have skyrocketed by 1100%, reaching £70,000—a significant jump that could indicate expanding credit terms or delayed customer payments. Equity has increased substantially, rising by 440% to £86,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the large increase in debtors warrants further investigation. The accounts are unaudited, as is typical for small companies.

Overall, Gls Food Solutions Ltd appears to be navigating a period of change. The increase in debtors and the decrease in cash reserves suggest a need for careful financial management, but the substantial growth in equity indicates underlying strength.

Registered in England/Wales under the registration number 12697867, with a registered address at EC4N 8AL, England, London, 13 St. Swithin's Lane,, 2nd Floor,.

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