Group Lloyd Ltd

Group Lloyd Ltd from Glasgow UK: a small, active company founded seven years ago, employs three people, and holds £433,045 in assets. It operates from a virtual address and is a family business with one director and two owners. The company regularly imports clothing and accessories, not knitted or crocheted, with 13 months of import activity recorded.

The company's website showcases a diverse range of motorcycle brands – Nitro, Akito, GMAC, Swift, Takachi, and Syko – and highlights its history, dating back to 1956. Group Lloyd emphasizes its role in the development, production, and distribution of these brands, coordinating operations from the English Lake District. The website also details its commitment to innovation, construction, and safety standards within the motorcycle market. It's clear they've got a strong brand presence, with a showroom in Harrods, London.

However, a closer look at the financial data reveals some concerning trends. While debtors have increased by a significant 37%, cash reserves have plummeted 100% – dropping from £190,000 to a mere £760. Creditors have also decreased, which is a positive, but the sharp decline in cash is worrying. Net assets have also decreased by 2.7%, and property, plant, and equipment have increased by a huge 2800%. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the dramatic cash drain suggests it's burning through money. The company is exempt from an audit, so the figures are unaudited. It’s worth noting that the company has a deferred tax policy, which could be a factor in the financial situation.

Registered in Scotland under the registration number SC592742, with a registered address at G2 2QZ, United Kingdom, Glasgow, C/O Robb Ferguson Regent Court, 70 West Regent Street.

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