Gigi Vi Ltd

Gigi Vi Ltd from Ivybridge UK is a small, active company founded two years ago. It’s a solo venture employing just one person and holding £1,270 in assets, operating from a virtual address. With a Google rating of 4.0 based on 29 reviews, it’s a local favorite, managed by a single director and owner, Howard Sj.

The company operates in both the retail sale via mail order and internet, as well as the hairdressing and beauty treatment industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. Its website isn't particularly expansive, but it does showcase a range of beauty products and services.

Financially, Gigi Vi Ltd’s picture is a bit mixed. While the company’s assets remain steady at £1,270, its equity has dipped to -£1,700—a concerning trend. Bank borrowings are at £78,000, which is a large number considering the size of the company. Cash reserves are also at a modest £1,300. Creditors remain steady at £78,000. The company's property, plant, and equipment, including computer equipment, furniture fittings, and motor vehicles, is valued at £75,000. It's worth noting that the depreciation charge has increased slightly, suggesting a need to maintain and update equipment.

The lack of employees (just one reported) suggests a very lean operation, and the absence of an auditor (likely exempt due to its small size) means the figures are unaudited. It's clear that Gigi Vi Ltd is facing financial challenges, but its positive Google rating indicates strong customer satisfaction. Whether the company can navigate these challenges and sustain its growth remains to be seen—but for now, it’s a small business relying on its niche market and customer loyalty.

Registered in England/Wales under the registration number 14334713, with a registered address at PL21 9EF, England, Ivybridge, Unit 8a Bowker House, Lee Mill Bridge.

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