Envibe Ltd

Envibe Ltd from Watford UK: a small holding company with an active status, was founded four years ago and employs four people. The company holds £1,321,324 in assets, operates from a real address, and is overseen by two directors and one owner. It regularly imports and exports paper and paperboard products, having imported for 43 months and exported for 25 months.

Envibe Ltd operates as a catering supplies and hospitality solutions provider, offering a wide range of products from aprons and bar accessories to furniture and takeaway packaging. The company's website showcases a comprehensive catalogue, catering to both online and trade customers. It’s clear they’re focused on providing a one-stop shop for businesses in the hospitality sector, with a dedicated section for PPE and hygiene products, reflecting current market demands. The site also highlights its travel industry sourcing capabilities, specifically for onboard catering supplies.

Financially, Envibe Ltd shows some interesting trends. Cash bank on hand increased significantly, jumping 160% to £570,000, a positive sign of improved liquidity. However, creditors also rose substantially, increasing 96% to £560,000, which could indicate increased reliance on short-term financing. Debtors also increased considerably, up 200% to £630,000, suggesting potential challenges in collecting payments. Equity, however, has seen a significant boost, growing 220% to £800,000, likely due to retained earnings. Despite a slight increase in the number of employees, from four to five, the company continues to meet the criteria for a small business, with turnover under £10.2 million and assets under £5.1 million. The company’s unaudited financial statements, which are exempt due to its small size, do not mention an auditor.

The substantial increase in creditors and debtors, while potentially concerning, could also reflect the company’s growth and expansion. The strong cash position, however, provides a buffer against potential short-term challenges. It's clear that Envibe Ltd is a dynamic, albeit small, company navigating the complexities of the hospitality supply chain.

Registered in England/Wales under the registration number 12580193, with a registered address at WD18 9RF, England, Watford, Aspect Gate, Olds Approach.

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