Valerife Ltd

Valerife Ltd from Ashton Under Lyne UK: small company, active status, founded 4 years ago, £7,621 assets, virtual address, 2 directors, 2 owners, family business. Regular importer of basic metal tools and utensils (3 months imported). 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 company operates in the retail sale via mail order houses or via internet industries. Officially, it has two owners or PSCs, two directors and no number of employees published.

The company’s website, Valerife Ltd, simply states "We create your future" and offers an "Archivi" (archives) link, suggesting a minimalist online presence. There's no obvious e-commerce functionality visible, so it's unclear if the business actively sells products online or uses the website primarily for branding or information purposes. It seems like they are focusing on building a brand, but not actively selling online.

Financially, Valerife Ltd presents a mixed picture. Current assets have fallen by 16%, now sitting at £8,400, while bank cash has increased by a respectable 9% to £4,400. However, net losses have widened considerably, jumping 28% to -£6,200. Trade debtors have surged by a staggering 120%, indicating potential issues with customer payments, and creditors have remained steady. The company’s small size helps it stay agile, but the significant equity decline raises concerns about its long-term financial stability. No auditor is mentioned, which is typical for a small company.

Overall, Valerife Ltd appears to be navigating a challenging period. While cash reserves have improved slightly, the widening losses and rising debtors suggest the company is burning through money. The virtual address and lack of employees (zero reported) point to a lean operation, but the financial pressures are evident. It's likely that the company is working to improve its cash flow and manage its debts, but whether it can achieve sustainable growth remains to be seen.

Registered in England/Wales under the registration number 12616092, with a registered address at OL6 7FW, England, Ashton Under Lyne, Lancashire, Suite 204 Ashton Old Baths, Stamford Street West.

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