Group International Ltd

Group International Ltd, based in Wolverhampton, UK, is a small, active company established 22 years ago. It employs eight people and holds assets totaling £3,095,374. The company, founded by a solo entrepreneur, is led by three directors and has one reported owner, Kanda Rakesh Kumar. It regularly imports jewelry, precious stones, and metals, with 50 months of import activity recorded, the last in January 2025.

The company’s website reveals a diverse range of services centered around self-service vending machines. They develop and market these machines for various sectors, including photography, laundry, printing, and food. Their offerings include professional laundry units accessible 24/7, photo ID booths facilitating administrative procedures, digital printing kiosks, and vending equipment for fresh fruit and vegetable juice and pizza. The website also highlights investment and development of technologies, emphasizing innovation and a global footprint.

Financially, Group International Ltd presents a mixed picture. Cash bank on hand decreased by 6.7% to £920,000, while creditors dropped by 20% within one year to £510,000. However, net assets increased by 6.7% to £2,000,000, and current assets rose by 1.5% to £3,100,000. Trade debtors, however, fell by 26% to £51,000. 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 decrease in cash reserves warrants attention. No auditor is mentioned, likely due to its status as a small company. The accounts are unaudited and prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102.

Registered in England/Wales under the registration number 04497345, with a registered address at WV10 6AJ, Wolverhampton, Innovation House 410, Stafford Road.

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