Gb Trader Scot Ltd

Gb Trader Scot Ltd, from Glasgow, UK, is a small, active company founded six years ago. It employs two people and holds £64,349 in assets, operating from a real address shared by three other businesses. The company is led by a single director and owner, who is also the solo founder.

The business operates in the retail sale via mail order houses or via internet, with its website showcasing a wide range of beauty and hair products. The site functions as an online store, offering everything from skincare and makeup to hair styling tools and extensions. It's clearly geared towards both professional hairdressers and individual consumers, with sections dedicated to salon supplies and personal care items. The site also includes a blog and customer reviews, indicating a focus on engagement and building a community around its products.

Financially, Gb Trader Scot Ltd’s recent performance reveals some concerning trends. Current assets have decreased by 22% to £64,000, and net assets have plummeted 300% to -£740. Bank borrowings have decreased by 39% to £18,000, and cash reserves have fallen 37% to £30,000. Creditors have also decreased by 39% to £18,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant drop in equity suggests a need for careful financial management. No auditor is mentioned, consistent with its status as a small, exempt company.

The company's financial situation seems to be a bit shaky, with losses outweighing assets. While the online store appears active and well-stocked, the numbers raise questions about its long-term sustainability.

Registered in Scotland under the registration number SC627868, with a registered address at G42 8NN, United Kingdom, Glasgow, Renfrewshire, C/O Global Accountancy Practice Ltd, 10 Allison Street.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.