Ridgewood Global Limited

Ridgewood Global Ltd from London UK is a small, active company founded seven years ago in 2017. Employing just two people, it holds £1,411,773 in assets and operates from a virtual address, a detail that’s a little odd. The business is run by two directors, with Gilbert Pinchos Yosef Binyomin listed as both owner and director. It’s a solo founder operation. The company regularly imports iron or steel products (55 months) and exports them (7 months), indicating a focus on the metals trade.

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Financially, Ridgewood Global Ltd shows some concerning trends. While cash reserves increased by 11% to £170,000, net assets decreased by 8.6% to £390,000. Bank borrowings surged by 28% to £15,000, and trade creditors increased by 34% to £270,000. Prepayments also jumped significantly, rising by 670% to £21,000. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the rise in debt and fall in equity could indicate financial strain. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements. It’s a bit strange that the company’s debt is rising while cash is increasing, perhaps suggesting a large purchase or investment.

Registered in England/Wales under the registration number 11016086, with a registered address at NW11 8RY, United Kingdom, London, London, 8 Rodborough Road.

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