Devoted2vintage Ltd

Devoted2vintage Ltd is a small, active company based in Aboyne, UK, founded seven years ago in September 2017. With £9,250 in assets and a real registered address, it operates with two directors and no reported owners. The company's status is active, and it’s classified as small, having met two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website directs visitors to a Facebook login page, suggesting a strong reliance on social media for sales and marketing. There’s no obvious e-commerce site, which is a bit strange. It appears Devoted2vintage Ltd operates in the retail sale via mail order houses or via internet industries.

Financially, Devoted2vintage Ltd presents a mixed picture. Current assets have decreased by 32% to £9,200, and cash bank on hand has fallen 40% to just £200. Creditors have also decreased by 11% to £68,000, which is good. However, net assets have dropped by 6.8% to -£59,000, indicating a loss-making business. The lack of employees (zero reported) suggests a very lean operation. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Despite the challenges, Devoted2vintage Ltd’s small size allows for agility. The lack of owners, while unusual, could indicate a partnership or sole proprietorship structure. It’s clear the company is struggling to generate profits, and its reliance on Facebook suggests a need to diversify its marketing efforts. The accounts show that the company is not doing well, and it’s important to note that the company has not published owners as their shares less than twenty five percent for each shareholder.

Registered in Scotland under the registration number SC576299, with a registered address at AB34 5AQ, United Kingdom, Aboyne, Braeriach Pitmurchie Road, Kincardine O'Neil.

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