Gk Web Ltd

GK Web Ltd, based in Limavady, Northern Ireland, is a small, active company founded 11 years ago. With £514 in assets and a real address, the business is run by a solo founder, Knox Gervis, who also serves as director and owner. The company operates an e-commerce site focused on selling telecom accessories, eSIMs, and iotmobile products. Its website showcases a wide range of products, from vape accessories to car chargers and earphones, alongside services like artwork design and fulfillment. GK Telecom, the parent company, has been around for over 24 years and has expanded from calling cards to SIM-only options, now boasting sales of over 100,000 SIMs per month.

The website reveals a significant focus on eSIM technology, positioning GK Web Ltd as a leader in this evolving market. The company emphasizes innovation and customer service, with a design house offering graphic design services and a fulfillment solution for all logistical needs. The site also highlights a competitive print service and a commitment to high-quality customer support. The company's registered address is Cranbourne House, Slough, and it has a UK Companies House number of NI622922.

Financially, GK Web Ltd is facing some challenges. Current assets have plummeted by a staggering 87%, falling to just £510, while net assets have dropped by 200% to -£3,400. Bank borrowings have increased, reaching £850, and cash reserves have disappeared entirely. Trade debtors have also decreased, sitting at £510. Creditors have increased by 550%, reaching £3,900, and advances to directors have decreased. The company’s small size (meeting two of three conditions for a small company) helps with agility, but the sharp decline in equity and cash raises concerns. No auditor is mentioned, so the figures are unaudited.

While the e-commerce side appears active and well-reviewed, the financials suggest the company is burning through money. Whether GK Web Ltd can sustain its growth and innovation remains to be seen—but its focus on eSIM technology and customer service may prove to be a valuable asset in the long run.

Registered in Northern Ireland under the registration number NI622922, with a registered address at BT49 0HQ, Northern Ireland, Limavady, 6 Linenhall Street.

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