Gml Studio Ltd

Gml Studio Ltd from Morecambe UK: a small, active company founded five years ago, employs two people, and holds £61,279 in assets. It’s a solo-founded operation with one director and owner, operating an e-commerce site and regularly importing miscellaneous manufactured goods—six months of import activity recorded, with the last operation in July 2023. The company’s core business involves retail sale via mail order houses or via internet.

The company’s website, GML Shop, showcases a range of personalised lanyards, gift sets, and pens, alongside customisable wristbands and professionally engraved items. It’s a straightforward e-commerce platform with a clean design, featuring product listings, a shopping cart, and payment icons. The site promotes its offerings with clear product descriptions, competitive pricing, and a subscription box for promotions. It’s a well-presented online store, clearly focused on personalised gifts and accessories.

Financially, Gml Studio Ltd’s numbers show a mixed picture. Cash bank on hand dropped by 4.1% to £53,000, while finished goods and goods for resale increased by 32% to -£8,500. Trade creditors and payables increased by 470% to £940, and property, plant, and equipment decreased by 56% to £130. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it nimble, but the increase in creditors and decrease in PPE suggest potential pressures. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Gml Studio Ltd appears to be a small, e-commerce business navigating the challenges of growth. It's a solid operation, but the financial trends suggest it needs to watch its expenses and manage its debts to ensure long-term sustainability.

Registered in England/Wales under the registration number 12241939, with a registered address at LA4 5RN, England, Morecambe, 12 Elkin Road.

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