Grand Global Import Ltd
- Small
- Active
- 3 years
- 1 employee
- £36,553 (assets)
- Real address
- 2 directors
- 2 owners
- Regular importer
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Phones
Summary
Grand Global Import Ltd from Salford UK is a small, active company founded three years ago. With a single employee and £36,553 in assets, it’s a family business run by two directors and two owners. The company regularly imports drinks, alcohol, and vinegar, having done so for seven months, with the last import operation occurring in July 2023.
The company’s website, SoulWines, showcases a selection of wines, emphasizing quality and customer care. It's clearly an e-commerce operation, offering volume discounts and highlighting partnerships. The site also features a blog with articles on topics like decanting wine and identifying spoiled wine—a nice touch to build customer trust. The site's focus is on selling wine online, with a particular emphasis on Moldovan grapes.
Financially, Grand Global Import Ltd presents a mixed picture. Cash bank on hand has increased to £310, a positive sign, but creditors have risen significantly, jumping 270% to £36,000. This could indicate increased purchasing to meet demand, but it’s something to watch. Debtors have decreased by 22%, suggesting the company is managing its receivables well. The company’s small size (meeting two of three criteria for a small company) allows it to remain nimble, but the increase in creditors is a bit concerning. The company's equity remained unchanged, at £280. There's no auditor mentioned, which is common for small companies.
Overall, Grand Global Import Ltd seems to be operating, but the rise in creditors suggests it might be burning through cash a little faster than it’s bringing it in. The online wine business seems well-presented, but the company will need to keep a close eye on its financial health to ensure long-term sustainability.
Registered in England/Wales under the registration number 13507551, with a registered address at M7 4PQ, United Kingdom, Salford, Lancashire, 92 George Street South.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 1 year
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 3 years
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 1 year
- 1
-
Resident of United Kingdom
-
Individual
- 3 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Total exemption full accounts made up to 2024-07-31Download 7 pages pdf report
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Confirmation statement made on 2024-11-16 with no updatesDownload 3 pages pdf report
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Appointment of Director Ecaterina Balmus as a director on 2023-11-01Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Grand Global Import Ltd
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