Netvu Limited

Netvu Ltd, based in Northwich, UK, is a small holding company with an active status, established nine years ago. Employing ten individuals and holding assets valued at £568,205, the company operates from a real address and is managed by one director and owner. A Google rating of 3.0, based on just three reviews, suggests room for improvement in customer perception. The company irregularly imports optical and medical tools and devices, with the last import occurring one month ago in July 2023.

The company’s website is currently unavailable, making it difficult to determine the specifics of its operations beyond the provided information. However, it’s known that Netvu Ltd operates within the manufacture of other electrical equipment industries.

Financially, Netvu Ltd presents a mixed picture. Current assets have decreased by 32%, dropping to £570,000, while net assets have fallen by a significant 13%, reaching -£2.9 million. Bank borrowings have increased by 2.2%, reaching £2.3 million. Creditors have also decreased by 40%, suggesting better debt management. Despite this, the company’s equity is deeply in the negative, indicating accumulated losses. The company is classified as small, 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 lack of an auditor mentioned likely means the company is exempt from an audit.

The sharp decline in equity and the negative net assets are concerning, suggesting the company is burning through money. The decrease in current assets and the increase in bank borrowings further reinforce this impression. While the company’s small size allows for agility, it also makes it vulnerable to financial pressures. The company's financial statements are unaudited.

Registered in England/Wales under the registration number 10066076, with a registered address at CW9 6JB, United Kingdom, Northwich, Cheshire, No 1 Thellow Heath Park, Northwich Road.

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