The Great Product Exchange Ltd
- Small
- Holding
- Active
- 10 years
- 17 employees
- £2,586,993 (assets)
- Real address
- 3 directors
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 5 months ago, a good sign to sell them something.
Field of Operation
Website
Summary
The Great Product Exchange Ltd, based in Harrogate, UK, is a small holding company with an active status, founded ten years ago in 2014. Employing seventeen people and holding £2,586,993 in assets, it operates from a real address and is overseen by three directors and one owner. The company regularly imports basic metal tools and utensils (24 months of import activity, last in March 2025) and exports electrical machinery and equipment (8 months of export activity, last in June 2024).
The company’s website paints a picture of a wholesale distributor connecting independent brands with leading retailers. Since 2014, The Great British Exchange has focused on providing a “dependable and proven wholesale service,” representing hundreds of brands across categories like food, alcohol, pet care, and gifting. It offers end-to-end services for retailers, from brand discovery to distribution, and assists brands with product development and retail-ready propositions. Client testimonials highlight the company’s value in brand growth and upskilling teams.
Financially, The Great Product Exchange Ltd shows a mixed picture. Current assets have decreased by 26%, falling to £2,600,000, while net assets have dropped by 12%, hitting -£3,800,000. Bank borrowings have increased by 15%, reaching £2,900,000, and cash reserves have plummeted 91%, leaving just £130,000. Creditors have decreased by 12%, suggesting better debt management. 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 agility, but the significant equity decline raises concerns. With no auditor mentioned, the figures are unaudited.
The sharp drop in cash reserves and the negative equity suggest the company is burning through money, potentially indicating a startup phase or a period of increased investment. While the wholesale distribution model appears to be functioning, the financial pressures require careful monitoring.
Registered in England/Wales under the registration number 09189901, with a registered address at HG1 1EP, England, Harrogate, North Yorkshire, Royal Chambers, 110 Station Parade.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 5 years
- 75%+
-
Resident of Belgium
Managers
-
Individual
- 5 months
- 6
-
Resident of United Kingdom
-
Individual
- 5 years
-
Resident of Belgium
-
Individual
- 6 years
-
Resident of Belgium
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Appointment of Mr Stephen Richard Fletcher as a director on 2025-01-09Download 2 pages pdf report
-
Confirmation statement made on 2025-01-09 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-12-31Download 10 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about The Great Product Exchange Ltd
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