V2 Studios Limited

V2 Studios Ltd, based in Kingswinford, UK, is a small, active company established 21 years ago. Employing twelve people, it holds assets of £2,411,548. The company operates from a virtual address, with three directors and one owner. It has a stellar 5.0 Google rating based on three reviews. V2 Studios is an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances; parts, with its last import activity occurring one month ago.

The company functions as a strategic product design consultancy in London, showcasing a diverse portfolio of work for clients like Panasonic, LG, and Hasbro. Its website highlights services like sustainability consulting, innovation strategy, and user experience design. The studio’s work spans various industries, from automotive and consumer electronics to healthcare and education. It’s clear the company focuses on creating innovative and sustainable products, services, and experiences. The website also features a blog with articles on design trends and best practices.

Financially, V2 Studios Ltd presents a mixed picture. Current assets have increased by 35% to £2,400,000, while net assets have risen by 28% to £2,600,000. Bank borrowings have decreased by 18% to £130,000, indicating improved cash flow management. However, trade debtors have surged by a substantial 140%, suggesting potential issues with customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debtors warrants further scrutiny. With no auditor mentioned, the figures are unaudited.

Overall, V2 Studios Ltd seems to be financially stable, but the rise in outstanding debts could be a cause for concern. The company's focus on high-value design services and its strong online presence suggest a bright future, but careful financial management will be crucial for sustained success.

Registered in England/Wales under the registration number 05054677, with a registered address at DY6 0JT, England, Kingswinford, West Midlands, 20 Enville Road, Wall Heath.

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