Gtln Ltd

Gtln Ltd from Harrow UK is a small, active company founded five years ago. With a single employee and £18,307 in assets, it operates from a real address and is managed by two directors and owners. The company holds a respectable Google rating of 4.0 based on 20 reviews. It’s an irregular importer, primarily dealing in toys, games, and sports equipment, with just one month of import activity recorded as of August 2021.

The company's website details its involvement in the retail sale of sports goods, fishing gear, camping goods, boats, and bicycles – a diverse range of products catering to outdoor enthusiasts. While no e-commerce presence is immediately apparent, the website suggests a wholesale or distribution model. It's clear the company is targeting a specific niche within the broader sporting goods market.

Financially, Gtln Ltd presents a mixed picture. Current assets have fallen by a significant 55%, dropping to £18,000, while net assets have plummeted 90%, reaching -£160,000. Bank borrowings have increased by 61%, reaching £16,000, and cash reserves have fallen slightly to £5,700. Creditors have also decreased by 51%, which could indicate improved debt management. The company's small size—meeting two of three criteria for a small company—allows for flexibility, but the substantial equity decline is concerning. It’s worth noting that the company’s retained earnings and accumulated losses have both increased considerably. No auditor is mentioned, which is typical for small companies exempt from an audit.

The significant decrease in assets and the negative equity suggest Gtln Ltd is facing financial pressure. While it may be a typical scenario for a young company, the trends warrant close monitoring. The company's irregular import activity and reliance on a single employee also contribute to its vulnerability.

Registered in England/Wales under the registration number 12556227, with a registered address at HA3 6DE, England, Harrow, 50 Fontwell Close.

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