Gmd Trading Limited

Gmd Trading Limited is a small, active company based in London, UK, founded three years ago in March 2022. With just one employee and £18,464 in assets, it operates from a virtual address shared by over 500 other companies, and is led by a solo founder who also serves as director and owner. The company’s status is active. It’s a bit of an odd mix: an irregular importer of jewelry, precious stones, and metals (just two months of import activity ending in September 2024), and a regular exporter of clocks, watches, and their parts (16 months of export activity ending in December 2024).

The company’s website, GMD Trade Ltd, paints a picture of a global trading enterprise. It’s involved in producing and trading goods of every kind, and aims to be a “regionally respected player in global trading.” It emphasizes stakeholder satisfaction, leadership by example, integrity, and profit with honor. The site highlights an experienced key management team, adoption of the latest technologies, established relationships with clients, and a focus on high-quality service delivery. The company even has a physical address in Bulgaria, indicating possible international operations.

Financially, Gmd Trading Limited presents a concerning picture. Current assets have increased by 170% to £18,000, but this is offset by a significant increase in creditors, rising 68% to £28,000. Bank borrowings are also up considerably, and cash reserves have declined by 43% to £1,300. The company’s equity has also decreased, and net current assets liabilities are down to -£9,700. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop and increased debt raise questions about its financial health. As a small company, it’s likely exempt from an audit, so the figures rely on unaudited director-reported data.

In short, Gmd Trading Limited seems to be burning through cash, despite its efforts to establish itself as a global trading player. The company's irregular import activity and focus on exporting clocks and watches may be contributing to these financial pressures.

Registered in England/Wales under the registration number 13966280, with a registered address at W1W 5PF, England, London, 167 - 169 Great Portland Street, 5th Floor.

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