Gm8 Group Ltd

Gm8 Group Ltd, based in London, UK, is a small holding company with an active status, having been established 23 years ago. Employing 11 people, the company holds £263,830 in assets and operates from a virtual address, a detail that’s worth noting as 332 companies share the same location. It’s managed by three directors and has one owner, though this owner list isn't exhaustive. The company regularly imports plastics and plastic products (four months of activity), and occasionally exports them (one month of activity).

The company's website showcases a wide range of products, including water butts, wormeries, composting equipment, and rainwater harvesting systems. It’s clearly geared towards retail, with a dedicated section for trade customers and a focus on online sales. The site features a blog and FAQs, and even offers installation guides—a nice touch. It’s a well-designed e-commerce site, and it's clear that the company is trying to provide a comprehensive resource for customers looking to improve their homes and gardens sustainably.

Financially, Gm8 Group Ltd presents a mixed picture. Cash reserves have fallen dramatically, dropping 83% to just £24,000. Bank borrowings have increased by a significant 180%, reaching £40,000, while accrued liabilities have decreased by 33%. Net assets have also declined, falling 50% to £350,000. The company’s small size (meeting two of three criteria for a small company) helps with agility, but the sharp decline in cash and net assets is something to keep an eye on. The company is exempt from an audit, so the figures are unaudited.

It’s clear that Gm8 Group Ltd is navigating a challenging economic climate. While the website suggests a thriving online business, the financial data indicates a need for careful management. Whether the company can maintain its growth trajectory remains to be seen, but its focus on sustainable products and trade customers positions it well for the future.

Registered in England/Wales under the registration number 04414980, with a registered address at EC2V 7AB, United Kingdom, London, 4th Floor 95 Gresham Street.

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