Benham (vf) Limited

Benham Vf Ltd from Folkestone UK: a small holding company with an active status, was founded 10 years ago in 2015. The company employs 27 people and has a real address, managed by one director and one owner. It operates an e-commerce site and has a Google rating of 3.0 based on five reviews. Benham Vf Ltd irregularly imports printed materials like books, newspapers, and pictures (1 months imported) and exports plastics and plastic products (1 months exported).

The company is a holding company, operating in the retail sale via mail order houses or via internet industries. It's a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s assets have seen some interesting shifts. Accumulated depreciation for furniture fittings increased by 9.1%, while office equipment saw a more substantial rise of 27.0%. Amounts owed to group undertakings participating interests have increased significantly by 76.0%, while amounts owed by group undertakings have decreased by a large 58.0%. Cash bank on hand has fallen by 30%, and creditors have increased by 18%. Debtor’s have risen by 52.0%, and equity has increased by 76.0%.

The company’s website, benhambenham.co.uk, showcases a wide range of collectables, from stamps and coins to autographs and silver. It’s a diverse selection, catering to both casual collectors and serious enthusiasts. The site also highlights a piano restoration division, operating from Cambridge and even having a showroom in Harrods—a surprising addition to the company’s portfolio. The site’s design is clean and user-friendly, with clear categories and detailed product descriptions.

Financially, Benham Vf Ltd’s numbers paint a mixed picture. While the company’s assets are substantial at £380,000, net assets have decreased, and bank borrowings have increased. The decrease in cash reserves is a concern, but the decrease in creditors suggests better debt management. The lack of an auditor is not unusual for a small company, but it does mean the financial statements are unaudited. The company’s reliance on trade debtors, which have increased significantly, could indicate challenges in collecting payments. It seems that the company is facing some financial pressure, but its diverse product range and strong online presence could help it weather the storm.

Registered in England/Wales under the registration number 09510299, with a registered address at CT20 3UH, England, Folkestone, Kent, Benham House North Close, Shorncliffe Industrial Estate.

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