Go Green Mobile Ltd

Go Green Mobile Ltd is a small, active company based in Iver, UK, founded four years ago in 2021. With £27,871 in assets and a virtual address shared by twenty-two other companies, it operates with two directors and one owner. The business focuses on retail sale of mobile telephones, retail via mail order, and even unlicensed restaurants and cafes.

The company’s website, Go Green Gadgets, offers a quick and easy way to sell old tech. Customers fill out a form, receive a quote, send in their devices via a free QR code, and get paid the same day – a shockingly simple method to get rid of clutter and get paid. The site emphasizes a "smart recycling" approach, aiming to extend the lifecycle of phones and contribute to a greener planet. Thousands of individuals have already used the service, with hundreds of thousands paid out to date. The process is straightforward: acquire a quick quote, place everything in a padded envelope, and send it for no cost.

Financially, Go Green Mobile Ltd presents a mixed picture. While the company is small (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its net assets are a little low at £6,600. Bank cash on hand remains steady at £510, but creditors are a significant £73,000. Current assets are £28,000, and fixed assets are £38,000. The company’s accounts are abridged and unaudited, and prepared in compliance with FRS 102. The lack of employees (zero reported) suggests a lean operation, and the company is entitled to exemption from audit under section 477 of the Companies Act 2006.

It seems the company is holding steady, but it could be facing some pressures. The focus on quick turnover and easy sales is a good strategy, but the high creditors and low equity suggest it’s relying on credit to keep going.

Registered in England/Wales under the registration number 13181038, with a registered address at SL0 9AE, England, Iver, 26 Thorney Lane South.

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