Gnduk Ltd

Gnduk Ltd is a small, active company registered in London, UK, founded four years ago in January 2021. Despite its active status, the company's accounts are currently overdue by five months, and it operates from a virtual address shared by 343 other businesses. It has three directors and three owners, although the list of owners may not be exhaustive.

The company operates in the retail sale via mail order houses or via internet industries. Its website, Green New Deal UK, focuses on building people power and political power to win a transformative Green New Deal in the UK, with a particular emphasis on engaging young people through the GND Rising movement. The site promotes local hubs, resources, and branded materials to drive action at local and national levels. The website is clearly focused on activism and advocacy, rather than direct e-commerce sales.

Financially, Gnduk Ltd presents a concerning picture. Cash reserves have virtually disappeared, falling a staggering 100% to just £9, while bank borrowings have increased significantly. Creditors have decreased, which is positive, but net assets have plummeted, ending at a negative £4,700. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the dramatic decline in equity suggests it's burning through cash rapidly. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

It seems Gnduk Ltd is facing financial headwinds. The focus on advocacy and activism, while important, may not be generating sufficient revenue to sustain the company. The sharp decline in equity and cash reserves suggests it’s struggling to manage its finances—and it’s not clear if the company can continue operating at its current level.

Registered in England/Wales under the registration number 13152152, with a registered address at E16 2DQ, England, London, 12 Constance Street.

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