Organo Global Uk Limited

Organo Global Uk Ltd from London UK is a large, active company founded three years ago. With £541,680 in assets and a virtual address shared by over a thousand other businesses, it’s a curious case. The company has two directors but no registered owners, which is a little unusual. It’s a regular importer of miscellaneous food products, having brought in goods for the past six months, with the latest shipment arriving in June 2024. The company operates in the retail sale via mail order houses or via internet industries.

While the company's website isn't available, its financial data paints a mixed picture. Administrative expenses have jumped significantly, rising 78% to £130,000, which could be due to increased marketing or operational costs. Interestingly, there are zero employees reported, which is a little strange for a company importing goods. Cash reserves are meager, standing at just £120, but creditors have increased substantially, reaching £200,000. This suggests the company is relying on borrowing to fund its operations. On the positive side, debtors have also risen, indicating increased sales, and equity has grown to £340,000.

The company's profit loss has increased by 52% to £210,000, but this is offset by a 110% rise in corporation tax payable. Trade debtors have plummeted by 90% to just £2,100, which could be a sign of payment issues with customers. The accounts are audited, which is reassuring, and the auditor is Rayner Essex LLP.

Overall, Organo Global Uk Ltd appears to be experiencing a period of rapid growth, but also facing financial pressures. The reliance on borrowing and the increase in administrative expenses are concerning, but the growth in debtors and equity suggest that the company is still generating sales. It's a bit of a gamble, but the company seems to be betting on its import business to drive future growth.

Registered in England/Wales under the registration number 13863554, with a registered address at WC2A 2JR, United Kingdom, London, 7 Bell Yard.

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