V Extra Ltd

V Extra Ltd is a small, active company registered in England/Wales with the registration number 11157534. The company was founded seven years ago on January 18, 2018, and registered at M16 9EN, England, Manchester, Unit B Empress Street, Old Trafford. The address is probably real as only three companes registered at the same address. Its status is active. The company operates in the wholesale of radio, television goods & electrical household appliances (other than records, tapes, cd's & video tapes and the equipment used for playing them), the repair of personal and household goods n.e.c., the retail sale of electrical household appliances in specialised stores industries. Officially, it has one owner or PSCs, one director, and four employees.

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. The last reported current assets is £81,000. The company is an irregular importer, with its top import category being Electrical machinery and equipment, totaling 1 months of imports. The last import operation was conducted on May 01, 2021.

Financially, V Extra Ltd presents a mixed picture. While current assets increased by 15% to £81,000, net assets declined by 5.4% to -£240,000. Bank borrowings have risen, and cash reserves have fallen 43% to £700, which is a bit concerning. Creditors have decreased slightly, suggesting better debt management, but debtors have increased dramatically, by 100% to £39,000. The company’s small size helps it stay agile, but the equity drop raises questions about its long-term sustainability. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's website, salesvextra.co.uk, showcases a range of televisions, monitors, appliances, and laptops, often with discounts. It seems to be primarily an e-commerce business, selling directly to consumers. The site's layout is fairly standard for online retailers, with clear product categories and a simple checkout process. There's a focus on deals and promotions, which is common for businesses trying to attract customers in a competitive market. The website also has a section for sale items, which suggests the company is trying to clear out inventory or promote certain products. It seems like they're trying to attract customers with competitive pricing.

Overall, V Extra Ltd appears to be navigating a challenging environment. While its e-commerce operation is active, the financials reveal some strain. Whether the company can turn things around and achieve sustainable growth remains to be seen—but for now, it's betting on its online presence and product offerings to weather the storm.

Registered in England/Wales under the registration number 11157534, with a registered address at M16 9EN, England, Manchester, Unit B Empress Street, Old Trafford.

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