Belvisi Property Limited

Belvisi Property Limited is a small, active company based in Cambridge, UK, founded six years ago in 2019. It holds £789,457 in assets and employs just one person, overseen by two directors and a single owner. The company operates in the buying and selling of its own real estate, and also lets out properties. It’s an irregular importer, with its top import category being ceramic products, totaling just one month of imports as of May 2023.

The company’s website showcases a focus on modern, stylish homes. Belvisi Property is currently developing two new homes on Perne Road, projected to be finished in April 2023. These homes feature four bedrooms, Italian design elements, and open-plan living spaces. The website highlights the benefits of living in Cambridge, including proximity to Addenbrookes hospital, the train station, the city centre, and good schools. Buyers can even customize parts of the property with the company’s interior design team. Another project, Moore Close, is a brand new three-bedroom house offering spacious living accommodation.

Financially, Belvisi Property Limited presents a mixed picture. While current assets decreased by 7.1% to £790,000, bank borrowings surged by a staggering 890% to £400,000. Cash reserves also dropped by 28% to £140,000. Equity plummeted 1500% to -£640,000, and net assets are now at -£640,000. Creditors have increased significantly, rising 120% to £890,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no mention of an auditor, likely due to its small size.

The sharp increase in bank borrowings and the significant equity decline suggest the company may be burning through cash to fund its development projects. While the focus on stylish homes and customization is attractive, the financial figures raise concerns about its long-term sustainability.

Registered in England/Wales under the registration number 12006184, with a registered address at CB1 3RZ, England, Cambridge, 10 Gisborne Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.