Uk Global Commodities Limited

Uk Global Commodities Ltd, based in London, is a small, active company founded eleven years ago. With six employees and £9,171,577 in assets, it operates from a virtual address—a fact highlighted by the presence of 132 other companies registered at the same location. The company is managed by three directors and owned by two individuals, though the full ownership picture may be more complex. It regularly imports electrical machinery and equipment, with the last import activity recorded five months ago in 2017, and exports machinery, boilers, and mechanical appliances, parts, for a more substantial 26 months, with the latest export in October 2024.

The company’s website is currently unavailable, making it difficult to assess its online presence and e-commerce activities. However, its business appears to be focused on wholesale trade and retail sales, operating within the non-specialised wholesale trade and other retail sale in non-specialised stores industries.

Financially, Uk Global Commodities Ltd presents a mixed picture. While cash reserves increased by 52% to £1.3 million, bank borrowings surged by 500% to £2.8 million—a significant jump. Creditors also rose substantially, increasing by 76% to £6.4 million, suggesting a reliance on external financing. Net assets liabilities decreased by 40%, dropping to £2.7 million, and net current assets liabilities also fell by 40% to £2.7 million. Despite these pressures, the company’s turnover remained relatively stable, and the director remuneration stayed consistent. The company is exempt from an audit, meaning the financial statements are unaudited.

Overall, Uk Global Commodities Ltd is a small company navigating a challenging financial landscape. The increase in borrowing and rising creditors suggest it’s actively investing in its operations, but the company will need to carefully manage its debt to ensure long-term sustainability. The lack of a visible online presence and the reliance on wholesale trade could also pose risks in a rapidly evolving market.

Registered in England/Wales under the registration number 08870360, with a registered address at N3 3LF, United Kingdom, London, Gable House, 239 Regents Park Road.

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