Gls Trading Ltd

Gls Trading Ltd, based in Leicester, UK, is a small, active company established 18 years ago. With 11 employees and £407,678 in assets, it's a modest operation led by three directors and a solo founder. Boasting a perfect 5.0 Google rating from a single review, Gls Trading Ltd operates from a real address and has been importing edible vegetables and roots for two months, with the latest activity recorded in March 2024.

The company's website redirects visitors to GLS Parcels, a major logistics provider, suggesting a reliance on third-party delivery services. It doesn's appear to be an e-commerce site itself, instead acting as a conduit for customers to select their GLS location. The website’s focus is entirely on parcel delivery, with no direct mention of Gls Trading Ltd’s own business activities.

Financially, Gls Trading Ltd presents a mixed picture. While net assets grew by 29%, reaching £210,000, cash reserves declined by 2.9% to £150,000. Bank borrowings decreased by 13%, settling at £190,000, and cash bank on hand decreased. Trade debtors increased significantly, rising 73% to £220,000, which could indicate growing sales but also potential issues with payment collection. Creditors also increased by 13%, reaching £190,000. The company's small size (meeting two of three conditions for a small company) means it benefits from simplified reporting requirements, but the rise in debtors warrants closer attention. No auditor is mentioned, meaning the accounts are unaudited.

Overall, Gls Trading Ltd appears to be a stable, albeit small, business. Its reliance on GLS for logistics and its fluctuating debtor levels are points to monitor, but the company’s longevity and positive Google rating suggest a solid foundation.

Registered in England/Wales under the registration number 06110528, with a registered address at LE4 9JJ, Leicester, Leicestershire, 17 Claymill Road.

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