C2 Vtg Group Ltd

C2 Vtg Group Ltd from Cambridge UK: a small, active company founded five years ago, employs 29 people, and holds £928,374 in assets. It operates from a virtual address, is managed by four directors, and has one owner. The company is an irregular importer of footwear and related items, with just two months of import activity recorded recently.

The company’s website, Loopi Second Hand PreLoved Clothing, uses cookies to improve the user experience. It suggests the business is focused on online retail, and is likely an e-commerce operation. There’s no indication of a physical store.

Financially, C2 Vtg Group Ltd is showing some concerning trends. Cash bank on hand has decreased significantly by 52%, dropping to £94,000. Liabilities have increased, with accrued liabilities rising by 620% to £21,000. Bank borrowings have also surged by 930%, reaching £90,000. While creditors are down slightly, the sharp decline in cash and the increase in debt are worrying signs. On the positive side, the company’s assets have increased by 24% to £930,000, and trade debtors are up 190%, which could indicate increased sales. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no auditor mentioned, which is typical for small companies.

Despite the mixed financial picture, C2 Vtg Group Ltd seems to be adapting. The increase in assets suggests growth, but the company needs to manage its debt and improve its cash flow to ensure long-term stability. The company’s focus on second-hand clothing, combined with its online presence, positions it well in a growing market, but the recent financial trends warrant close monitoring.

Registered in England/Wales under the registration number 12324565, with a registered address at CB2 9SU, United Kingdom, Cambridge, Stonecross, Trumpington High Street.

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