Company Overview
Global Sourcing & Trade Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 26 May 2010, so this is a well established company. Global Sourcing & Trade Ltd has been in business for 15 years and 10 months. The accounts status is micro entity and the accounts are next due on Friday 31 July 2026.
Registered Address

White Cottage, Sudbury Hill, Harrow On The Hill, HA1 3NA
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Companies House Data
Company NameGLOBAL SOURCING & TRADE LTD
Company Number07266208
Registered Office AddressWhite Cottage
 Sudbury Hill
 HA1 3NA
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date26/05/2010
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2026
Accounts Last Made Up Date31/10/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date28/03/2017
Returns Last Made Up Date29/02/2016
Previous Company NameChanged Date
VELVET DENIM LIMITED10 Feb 2014
Directors & Members
Show Resigned
Ajay Sobti - Director
(British, 64 years old, born May 1962)
Appointed 02 February 2015
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Ajay Sobti
DEPP LTD
Balance Sheet Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Balance Sheet
Fixed Assets 35,965 35,965 46,689
Current Assets 472,703 472,703 536,135
Creditors Due Within One Year 122,633 122,633 221,982
Working Cap 350,070 350,070 314,153
Total Assets Less Current Liabilities 386,035 386,035 360,842
Long-term Liabilities 55,300 55,300 59,716
Net Assets 330,735 330,735 301,126
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 330,735 330,735 301,126
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Tangible Fixed Assets - - -
Fixed Assets 7.1% 7.1% 8.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 92.9% 92.9% 92.0%
Creditors Due Within One Year 24.1% 24.1% 38.1%
Net Current Assets Liabilities 68.8% 68.8% 53.9%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 65.0% 65.0% 51.7%
Capital Employed - - -
Total Assets Less Current Liabilities 75.9% 75.9% 61.9%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Liquidity Ratio 3.9 3.9 2.4
Solvency Ratio 2.9 2.9 2.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 3
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Oct-2024 31-Oct-2022 31-Oct-2021
Assets 508,668 508,668 582,824
Debt 177,933 177,933 281,698
Net Assets/Debt 330,735 330,735 301,126

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around HA1 3NA
BREAFFY CONSTRUCTION LIMITED
17 Herga Court Sudbury Hill, Harrow, HA1 3NA
Document Filings
Confirmation statement made on 28 February 2026 with no updates
Change of details for Mr Ajay Sobti as a person with significant control on 4 February 2026
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Confirmation statement made on 28 February 2025 with no updates
Confirmation statement made on 29 February 2024 with no updates
Confirmation statement made on 28 February 2023 with no updates
Confirmation statement made on 28 February 2022 with no updates
Confirmation statement made on 28 February 2021 with no updates
Registration of charge 072662080003, created on 23 June 2020
Confirmation statement made on 29 February 2020 with no updates
Confirmation statement made on 28 February 2019 with no updates
Satisfaction of charge 072662080001 in full
Registration of charge 072662080002, created on 28 February 2019
Confirmation statement made on 28 February 2018 with no updates
Registered office address changed from 198-206 Unit C Acton Lane London NW10 7NH to White Cottage Sudbury Hill Harrow on the Hill HA1 3NA on 28 December 2017
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