V2power Ltd

V2power Ltd is a small, active company based in London, UK, founded two years ago in 2022. It employs three people and holds £383,733 in assets. The company operates from a virtual address shared by many other businesses, suggesting a lean operation, and is overseen by two directors and one owner. V2power Ltd is an irregular importer of electrical machinery and equipment, with just one month of import activity recorded as of November 2024.

The company’s website, v2power, currently displays a “We're sorry but ucl doesn's work properly without JavaScript enabled” message, indicating technical difficulties and limited online functionality. This suggests a lack of investment in a robust e-commerce presence, or potentially a reliance on offline sales channels.

Financially, V2power Ltd presents a mixed picture. While the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, its equity has been in decline, currently sitting at -£8,600. Cash reserves remain at £380,000, but creditors are also at £390,000, meaning the company is operating at a net liability. Trade debtors are low, at just £420, suggesting efficient payment collection. The company's description of principal activities mentions manufacture of electronic measuring equipment, but the website's technical issues and lack of detail raise questions about its current operations. With no auditor mentioned, the unaudited figures rely on director-reported data.

It seems V2power Ltd is facing challenges in its current state, and it's unclear whether it can maintain its operations without addressing the website issues and improving its financial position.

Registered in England/Wales under the registration number 14401771, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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