Vaggroup Ltd

Vaggroup Ltd from Northampton UK: small company, active status, founded 5 years ago, 3 employees, £2,597,074 assets, virtual address, 5 directors, 1 owner, e-commerce site, google rating 5.0 based on 13 reviews. It's a small business, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company operates in a variety of sectors, including wholesale trade, retail of flowers and plants, and management consultancy.

The company’s website, Vag Group Wholesale, is a wholesale marketplace offering a wide range of products, from garden and home goods to sports equipment and beauty supplies. It serves both online retailers and specialized stores, with a particular focus on the USA and beyond. The site highlights a global reach, reliable delivery, and a commitment to quality. A new site was opened in Lutterworth, UK, to better serve its growing international customer base.

Financially, Vaggroup Ltd shows a mixed picture. While cash reserves increased by a substantial 56% to £510,000, net assets also rose significantly, reaching £260,000. However, creditors have increased dramatically, rising by 240% to £440,000. Trade debtors also increased, rising by 370% to £500,000. The company’s fixed assets have seen a massive increase, jumping 79,000% to £38,000. The number of employees has also increased, from 3 to 5. It seems like the company is growing, but also taking on more debt.

The company’s virtual address, shared by 654 other companies, raises questions about its physical presence. With no auditor mentioned, the financial statements are unaudited. The increase in creditors and debtors suggests the company is managing its finances carefully, but it's important to monitor these trends closely to ensure long-term sustainability.

Registered in England/Wales under the registration number 12364843, with a registered address at NN4 7BF, United Kingdom, Northampton, Northamptonshire, Artisans' House, 7 Queensbridge.

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