Global Merchandising Services Limited in London, NW8 0DL

Description

Data updated on: 01-11-2023

This company known as Global Merchandising Services was registered on 2008/04/24 as a Private Limited Company. This enterprise's headquarters may be found at London on 55 Loudoun Road, St John's Wood. In case you need to contact this business by post, its postal code is NW8 0DL. The company registration number for Global Merchandising Services Limited is 06575437. This enterprise's declared SIC number is 82990 which stands for Other business support service activities not elsewhere classified. The most recent accounts cover the period up to Friday 31st December 2021 and the most current annual confirmation statement was released on Monday 24th April 2023.

Global Merchandising Services Ltd is a small-sized vehicle operator with the licence number OB1086946. The firm has one transport operating centre in the country. In their subsidiary in Sheffield on Ashes Buildings, 6 machines are available.

1 transaction have been registered in 2014 with a sum total of £5,333. In 2013 there was a similar number of transactions (exactly 1) that added up to £1,303. Cooperation with the Scarborough Borough Council council covered the following areas: Receipt/recharge General.

Michael C., Gilbert L., Aky N. and Barry D. are registered as the company's directors and have been managing the firm since August 2019.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	11 471 334	13 466 100	18 104 558	10 406 283
Current Assets	41 235 926	50 269 237	50 169 391	47 398 506
Debtors	29 504 271	36 328 765	31 617 307	35 855 731
Net Assets Liabilities	25 756 351	28 653 839	31 607 510	31 035 965
Other Debtors	16 501 956	28 403 938	25 180 750	13 658 217
Property Plant Equipment	181 974	118 796	65 906	38 902
Total Inventories	260 321	474 372	447 526

Other Financial Data
Accrued Liabilities Deferred Income	3 777 736	2 791 124	1 973 645	4 224 096
Accumulated Amortisation Impairment Intangible Assets				159 034
Accumulated Depreciation Impairment Property Plant Equipment	604 872	700 709	772 436	828 161
Additions Other Than Through Business Combinations Intangible Assets				273 471
Additions Other Than Through Business Combinations Property Plant Equipment		32 659	18 837	28 721
Administrative Expenses		7 687 259	8 481 350	12 611 667
Average Number Employees During Period	63	31	33	36
Bank Borrowings	5 987 776	13 244 269	10 874 738	41 466
Bank Borrowings Overdrafts	5 987 776	13 244 269	10 874 738	41 466
Capital Reduction Decrease In Equity		250
Cash Cash Equivalents	19 207 982	15 318 496	21 179 634	26 239 635
Comprehensive Income Expense		5 086 535	3 842 133	11 868 431
Corporation Tax Payable	811 841	1 262 734	2 026 314	2 084 211
Cost Sales		17 616 198	34 033 525	116 568 912
Creditors	15 631 088	21 712 028	18 615 609	17 190 829
Current Tax For Period		1 014 173	883 834	2 347 890
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences		-8 334	-9 988	-2 818
Dividends Paid Classified As Financing Activities	-2 125 997	-873 432	-388 000	-10 526 316
Double Taxation Relief		62 957	121 653	406 154
Equity Securities Held	1	1	1	1
Finished Goods Goods For Resale	260 321	474 372	447 526	1 136 492
Fixed Assets	182 083	118 866	65 976	837 718
Foreign Exchange Differences Increase Decrease In Depreciation Impairment Property Plant Equipment			205	3 542
Further Item Operating Expense Loss Income Statement Item Component Operating Profit Loss		787 560	-299 788	-2 521 341
Further Item Tax Increase Decrease Component Adjusting Items		89 430	-9 988	-33 896
Gain Loss Due To Foreign Exchange Differences Before Tax In Other Comprehensive Income		-13 184	15 300	340 948
Gain Loss On Disposals Property Plant Equipment		-9 105	116 234
Government Grant Income		508 690	61 916
Gross Profit Loss		14 630 475
Impairment Loss Intangible Assets				159 034
Impairment Loss Reversal On Investments		195 851
Income Taxes Paid Refund Classified As Operating Activities		-506 930	-275 402	-2 792 632
Increase Decrease From Foreign Exchange Differences Property Plant Equipment			205	3 542
Increase Decrease In Current Tax From Adjustment For Prior Periods		-123 172	-10 401	-33 886
Increase From Depreciation Charge For Year Property Plant Equipment		95 837	71 727	55 725
Increase From Impairment Loss Recognised In Profit Or Loss Intangible Assets				159 034
Intangible Assets		-13 948 336		798 746
Intangible Assets Gross Cost				957 780
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings		438 057	274 068
Interest Income On Bank Deposits		18 104	735	151 295
Interest Paid Classified As Operating Activities		-438 057	-274 068	-336 955
Interest Payable Similar Charges Finance Costs		438 057	274 068	336 955
Interest Received Classified As Investing Activities		-18 104	-735	-151 295
Investments	109	70	70	70
Investments Fixed Assets	109	70	70	70
Investments In Associates	39
Investments In Subsidiaries	69	69	69	69
Net Cash Generated From Operations		7 918 213	-6 464 505
Net Current Assets Liabilities	25 604 838	28 557 209
Net Finance Income Costs		18 104	735	151 295
Other Creditors	3 306 017	2 415 890	2 193 520	9 719 801
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			268 939	2 346
Other Disposals Intangible Assets				5 984 787
Other Disposals Property Plant Equipment			2 912 420	2 346
Payments To Acquire Own Shares		-1 076 923
Pension Other Post-employment Benefit Costs Other Pension Costs	98 423	107 441	185 348	193 749
Percentage Class Share Held In Subsidiary		100	100
Prepayments Accrued Income	778 582	97 154	226 360	3 699 596
Profit Loss	4 301 734	4 847 843	3 341 671	9 954 771
Property Plant Equipment Gross Cost	786 846	819 505	838 342	867 063
Provisions For Liabilities Balance Sheet Subtotal	30 570	22 236
Social Security Costs	305 956	294 826	290 554
Staff Costs Employee Benefits Expense	3 270 382	2 708 459	2 788 672	3 823 833
Taxation Including Deferred Taxation Balance Sheet Subtotal		22 236	12 248	9 430
Tax Increase Decrease From Effect Capital Allowances Depreciation		11 930	9 988	5 081
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss		-84 023	72 892	17 686
Tax Tax Credit On Profit Or Loss On Ordinary Activities		948 824	1 028 994	2 847 711
Total Assets Less Current Liabilities	25 786 921	28 676 075
Total Borrowings		13 244 269	10 874 738	41 466
Total Current Tax Expense Credit		891 001	873 433	2 314 004
Total Increase Decrease From Revaluations Intangible Assets				-105 575
Trade Creditors Trade Payables	1 562 514	1 865 314	2 082 582	3 069 479
Trade Debtors Trade Receivables	2 011 587	3 556 443	3 417 404	4 671 209
Turnover Revenue		32 246 674	47 282 331
Wages Salaries	2 866 003	2 306 192	2 312 770	3 227 749