Globe-Trotter Group Limited
Other retail sale of new goods in specialised stores (not commercial art galleries and opticians) · Hoddesdon
ActiveUnited KingdomIncorporated 2004Private Limited Company
Financial position
Accounts to 2025-03-31 · GBP · Group accounts
Net assets
−£9,715,875
Cash
£4,091,294
Turnover
£12,179,999
Profit / loss
−£9,037,217
Current assets
£16,269,580
Creditors < 1 year
£3,472,946
Equity
−£9,715,875
Average employees
155
Balance-sheet trend
GBP · consolidatedFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-03-31Group · AI-read | 2024-03-31Group · AI-read | 2023-03-3112 months | 2022-03-3112 months | 2021-03-3112 months | 2020-03-31 | 2019-01-3112 months | 2018-01-3112 months | 2017-01-3112 months |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet | |||||||||
| Net assets | −£9,715,875 | −£9,828,451 | £2,010,034 | −£2,651,665 | £518,435 | — | £2,931,206 | −£230,998 | £69,855 |
| Equity | −£9,715,875 | −£9,828,451 | £2,010,034 | −£2,651,665 | £518,435 | £2,504,703 | £2,931,206 | −£230,998 | £69,855 |
| Share capital | £159 | £113 | — | — | — | — | — | — | — |
| Retained earnings | −£30,474,656 | −£21,752,720 | — | — | — | — | — | — | — |
| Assets | |||||||||
| Fixed assets | £8,681,520 | £7,770,636 | £6,447,687 | £6,341,243 | £6,053,012 | — | £5,747,184 | £203,033 | £241,762 |
| Intangible assets | £6,786,595 | £6,542,029 | £3,275,688 | £3,153,813 | £3,103,157 | — | £3,000,000 | — | — |
| Property, plant & equipment | £1,894,925 | £1,228,607 | £586,178 | £601,609 | £367,711 | — | £167,441 | £203,033 | £241,762 |
| Current assets | £16,269,580 | £8,973,080 | £17,260,353 | £13,704,627 | £12,221,301 | — | £2,374,959 | £860,186 | £772,631 |
| Cash at bank | £4,091,294 | £333,640 | £292,488 | £2,247,998 | £100,961 | — | £42,550 | £58,081 | £30,980 |
| Debtors | £4,614,435 | £4,019,616 | £16,967,865 | £11,456,629 | £12,120,340 | — | £2,083,183 | £588,882 | £529,256 |
| Stock | £7,563,851 | £4,619,824 | £4,379,745 | £3,196,884 | £2,135,201 | — | £249,226 | £213,223 | £212,395 |
| Liabilities | |||||||||
| Creditors within one year | £3,472,946 | £4,776,085 | £1,780,676 | £4,675,115 | £2,664,298 | — | £4,174,449 | £1,037,933 | £433,982 |
| Creditors after one year | £31,053,401 | £21,661,187 | £22,115,674 | £27,149,067 | £17,084,097 | — | £4,730,165 | £256,284 | £494,974 |
| Provisions | £140,628 | £134,895 | — | — | — | — | — | — | £15,582 |
| Net current assets | £12,796,634 | £4,196,995 | £15,479,677 | £9,029,512 | £11,138,270 | — | £1,819,992 | −£177,747 | £338,649 |
| Assets less current liabilities | £21,478,154 | £11,967,631 | £21,927,364 | £15,370,755 | £17,191,282 | — | £7,567,176 | £25,286 | £580,411 |
| Profit & loss | |||||||||
| Turnover | £12,179,999 | £11,209,196 | £10,472,715 | £7,302,156 | £6,617,609 | — | £4,735,024 | — | — |
| Cost of sales | £6,249,197 | £5,341,528 | — | — | — | — | — | — | — |
| Gross profit | £5,930,802 | £5,867,668 | £6,828,979 | £4,314,506 | £2,719,691 | — | £1,443,338 | — | — |
| Administrative expenses | £12,152,903 | £9,114,756 | — | — | — | — | — | — | — |
| Other operating income | £426,881 | £34,827 | — | — | — | — | — | — | — |
| Operating profit | −£5,795,220 | −£3,212,261 | −£1,771,837 | −£4,115,289 | −£2,835,362 | — | −£1,036,586 | — | — |
| Interest receivable | £48,962 | £2,578 | — | — | — | — | — | — | — |
| Interest payable | £3,285,920 | £2,071,692 | — | — | — | — | — | — | — |
| Profit before tax | −£9,032,178 | −£5,281,375 | −£3,885,335 | −£5,957,780 | −£4,240,677 | — | −£1,052,071 | — | — |
| Tax | £5,039 | £1,145 | — | — | — | — | — | — | — |
| Profit / loss | −£9,037,217 | −£5,282,520 | −£2,433,906 | −£3,170,100 | −£1,906,362 | — | −£557,796 | — | — |
| Operating costs | |||||||||
| Audit fees | £356,682 | £233,046 | — | — | — | — | — | — | — |
| People & pay | |||||||||
| Average employees | 155 | — | 104 | 91 | 91 | — | 121 | 5 | 5 |
| Staff costs | £5,021,875 | — | — | — | — | — | — | — | — |
| Wages & salaries | £3,560,590 | — | — | — | — | — | — | — | — |
| Social security costs | £389,553 | — | — | — | — | — | — | — | — |
| Pension costs | £142,714 | — | — | — | — | — | — | — | — |
| Directors' remuneration | £229,032 | £223,787 | — | — | — | — | — | — | — |
| Highest paid director | £229,032 | £223,787 | — | — | — | — | — | — | — |
| Source evidence | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing |
From the accounts
What the accounts for 2025-03-31 say about themselves, read by AI from the scanned filing.
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Disclaimer of opinion
- Immediate parent
- Iconic HoldCo (UK) Limited
- Ultimate parent
- Iconic Topco (Bermuda) Limited
- Ultimate controlling party
- the directors of the ultimate parent company, Iconic Topco (Bermuda) Limited
- Accounts
- FRS 102
- Approved
- 2026-09-11, signed by S P Tutt
Subsidiaries (7)
- Globe-Trotter Suit Case Co. Limited · 100% · The Factory, Bingley Road, Hoddesdon, Hertfordshire, EN11 0NX
- Globe-Trotter Asia Pacific Limited · 100% · 5-2-1 1F Tokyo Plaza, Ginza Chup-Ku, Tokyo, 104-0061, Japan
- British Luggage Limited · 100% · Avenida de Praia Grande, No. 762-804, Edificio China Plaza, 14 Andar "G", Macau
- Globe-Trotter USA Inc · 100% · 838 Walker Road, Suite 21-1, Dover, Kent, 19904 Delaware, USA
- Globe-Trotter Paris SAS · 100% · 25 Place De Madeleine, 75008 Paris
- Connolly Retail Holdings Limited · 70.86% · 1st Floor, Sheraton House Lower Road, Chorleywood, Rickmansworth, England, WD3 5LH
- Connolly Retail Limited · 100% · 1st Floor, Sheraton House Lower Road, Chorleywood, Rickmansworth, England, WD3 5LH
Turnover by segment (12)
- Japan: 5,352,528 (2025-03-31)
- United Kingdom: 4,139,311 (2025-03-31)
- United States of America: 1,258,556 (2025-03-31)
- Europe: 753,224 (2025-03-31)
- China & Hong Kong: 225,048 (2025-03-31)
- Rest of the world: 451,332 (2025-03-31)
- Japan: 5,414,226 (2024-03-31)
- United Kingdom: 2,882,017 (2024-03-31)
- United States of America: 1,170,644 (2024-03-31)
- Europe: 634,539 (2024-03-31)
- China & Hong Kong: 595,463 (2024-03-31)
- Rest of the world: 512,307 (2024-03-31)
Related parties (2)
- Connolly Retail Holdings Limited · interest expense · £97,032
- Connolly Retail Holdings Limited · amount owed by the company at the balance sheet date · £1,692,421
Borrowings (1)
- Loan to an investor, payable upon an exit event and non-interest bearing · £1,239,410 · non-interest bearing · payable upon an exit event
Events after the year end (5)
- In July 2025, IlWaddi International Investments W.L.L transferred all its interests in the group to IlWaddi Principal Holdings (QFC) LLC.
- In July 2025, the group acquired a minority stake in Fabbrica Pelletterie Milano S.p.A, a company incorporated in Italy.
- In July 2025, Iconic HoldCo (UK) Limited increased their majority stake in the group.
- In July 2025, IlWaddi Principal Holdings (QFC) LLC increased their minority stake in the group; further increases in their minority stake in the group were exercised in September 2025, October 2025, and January 2026.
- In December 2025, the group increased its majority stake in Connolly Retail Holdings Limited, a company incorporated in the UK.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesShow 6 satisfied / released
Unknown · created 2019-10-31 · satisfied 2020-06-04
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SatisfiedIntellectual Property · created 2019-10-31 · satisfied 2020-06-04
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SatisfiedUnknown · created 2019-10-31 · satisfied 2020-06-04
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SatisfiedAll Assets · created 2012-08-02 · satisfied 2019-10-08
All monies
SatisfiedUnknown · created 2009-06-29 · satisfied 2015-09-15
All monies
SatisfiedAll Assets · created 2005-08-04 · satisfied 2012-08-25
All monies
Satisfied