Gq Group Ltd

Gq Group Ltd is a small, active company based in Leeds, UK, founded five years ago in 2019. With £7,972 in assets and a real registered address, it’s a lean operation managed by one director and owner. The company operates in the retail sale via mail order houses or via internet, and the other retail sale not in stores, stalls or markets industries. It’s a small company, meeting two of three criteria: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees.

The company’s website showcases a diverse portfolio of businesses under the "GQ Group of Companies" umbrella. These include GQ Ball Pen Industries, a well-established pen manufacturer, GQ Foods, known for its Krispy Curl chips in Bangladesh, and GQBPIL, focusing on biodegradable and recyclable goods. Other ventures include GQIL, a manufacturer of PP woven sacks, GQ Enterprise, exploring health and hygiene products, and Maladesh International, a collaboration producing mosquito repellent coils. The website emphasizes innovation, high-quality standards, and guaranteed quality across all its sister concerns. It also highlights a commitment to expansion and upcoming projects.

Financially, Gq Group Ltd shows a mixed picture. Current assets have decreased by 7.5% to £8,000, while net assets have fallen by 17% to -£17,000. Bank borrowings have increased, and cash reserves have declined. Trade creditors have decreased, suggesting better debt management. The company’s small size helps it remain agile, but the decline in equity raises questions. The accounts are unaudited, as is common for small companies.

While the diverse range of businesses suggests ambition, the financial data indicates a company facing challenges. The lack of employees (zero reported) and the reliance on director-reported data further complicate the picture. It’s clear that Gq Group Ltd is navigating a competitive market, and its success will depend on its ability to sustain innovation and manage its finances effectively.

Registered in England/Wales under the registration number 12069887, with a registered address at LS11 5SS, England, Leeds, West Point Business Park, Westland Square, Westland Square.

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