Nick Veasey Ltd

Nick Veasey Ltd from Lenham UK: a small, active company founded 22 years ago, employs four people, and holds £101,037 in assets. It has a real address, two directors, and two owners. The company irregularly imports toys, games, and sports equipment (one month of imports) and exports furniture, lighting, and prefabricated buildings (two months of exports).

The company’s website, nickveasey.com, suggests a focus on revealing the “inside” of manufactured and natural objects, speculating on their true composition. It's a bit artistic, really. The site doesn's give much away about the day-to-day operations, but it hints at a creative, perhaps photographic, element to the business. It’s unclear how this artistic side connects to the import/export activities.

Financially, Nick Veasey Ltd’s numbers show some concerning trends. Current assets have fallen significantly, dropping 41% to £100,000. Bank cash reserves have also taken a hit, decreasing 65% to £29,000. Borrowings, however, have surged by a massive 120%, reaching £90,000. Creditors have also decreased, which is a positive sign. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There's no auditor mentioned, which is typical for a small, exempt company.

The sharp decline in equity—a 69% drop to £700,000—is the most worrying sign. While the company is still profitable, the increase in borrowings suggests it’s relying on debt to keep operations running. The irregular import/export activity indicates a potentially volatile business model. The company's financial statements are unaudited, so the numbers rely on director-reported data. It’s a bit of a mixed bag, really—small, agile, but facing some financial pressures.

Registered in England/Wales under the registration number 04572918, with a registered address at ME17 2LU, England, Lenham, Kent, Process Gallery Sandway Road, Sandway.

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