GLOBAL BRANDS LIMITED

1. GLOBAL BRANDS LIMITED 2004-05-27 → present
2. G.B.L. INTERNATIONAL LIMITED 1998-07-13 → 2004-05-27
3. COME BYE LIMITED 1997-12-03 → 1998-07-13
4. G B DRINKS LIMITED 1997-05-07 → 1997-12-03

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the balance sheet date the Group had a strong net asset position of £20,714,000. The group is party to an unlimited cross company guarantee of the bank borrowings of the group which total £19,713,000 at 30 September 2024. The directors have produced forecasts for the Global Brands (GBL) Holdings Limited wider group of companies for the period to April 2026. These forecasts demonstrate that the group will continue to be able to operate within the banking facilities available to it for a period of at least 12 months from the date of signing these accounts.”

Group structure

1. GLOBAL BRANDS LIMITED · parent
   1. Inspirit Drinks Limited 100% · UK · Dormant
   2. The Sustainable Spirit Co. Ltd 100% · UK · Dormant
   3. Corky's Brands Limited 100% · UK · Dormant
   4. Furnace Hill Management Services 100% · UK · Dormant
   5. Global Brands US Inc. 100% · USA · Trading
   6. CrossCo 1465 100% · UK · Trading

Significant events

• “Alcohol Duty Rates changes in August 2023 resulted in several of our brands reducing ABV's from 4% to 3.4% which significantly reduce the duty which was the major reason for the reduction in turnover.”
• “The other two factors being the poor summer weather and the later return of students to the universities which pushed Freshers into October 2025 (normally a September event).”
• “We have been awarded the UK distribution rights for American Beverage Marketers form October 2024 for their range of Non-Alcoholic high-quality Syrups, Mixers and Purees. This is a significant addition to our portfolio and early signs are very encouraging.”
• “Inflation levels reduced during the year and raw material prices have stabilised, the price increases the previous fiscal year have recovered our Gross Margin percentage and this has increased from 28.77% to 30.49%.”
• “The transition of ABV's across several of our brands during this fiscal year was both complex and caused some additional costs. The transitions are now complete.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

9

last 12 months

Capital events

3

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -10.8%

  £74,440,000 → £66,383,000

• Cash

  -61.2%

  £206,000 → £80,000

• Net assets

  -53%

  £44,074,000 → £20,714,000

• Employees

  -2.7%

  224 → 218

• Operating profit

  -37.9%

  £2,777,000 → £1,725,000

• Profit before tax

  -41.1%

  £4,211,000 → £2,481,000

• Wages

  +12%

  £7,613,000 → £8,525,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers