Vant Panels Ltd
- Small
- Active
- 6 years
- £128,337 (assets)
- Real address
- 1 director
- 1 owner
- Irregular importer
- Regular exporter
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Vant Panels Ltd, a small, active company based in London, UK, was founded six years ago in 2018. It holds £186,148 in assets and operates from a real address, managed by one director and owner. The company’s status is active, and it’s classified as small, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. It’s an irregular importer of textile products, sets, used clothing, and rags (last import in November 2022), but a regular exporter of toys, games, and sports equipment (last export in July 1, 2023).
The company’s website, vantpanels.co.uk, showcases a range of wall panels and furniture, emphasizing a “fall sale” and “spring sale” with 20% discounts. It positions itself as a provider of stylish, easy-to-install wall panels, offering free swatches and free shipping to the UK. The site highlights quick processing and direct-to-door shipping, along with exceptional customer service. The company's products are described as "prepared and ready to ship." The website also features videos and downloadable content to inspire customers.
Financially, Vant Panels Ltd shows a mixed picture. Current assets have decreased by 19%, falling to £190,000, while net assets have plummeted 51%, landing at £38,000. Bank cash has also decreased, dropping 5.5% to £28,000. Creditors have increased by 4.7% to £180,000, and trade debtors have risen significantly by 36% to £54,000. The company’s equity, which includes retained earnings and accumulated losses, has also seen a substantial drop. Although the company is small, the decline in net assets and cash reserves is noticeable. The company's property, plant, and equipment have increased by 62%, which could be due to investment in stock or equipment. No auditor is mentioned, likely due to the company's small size and exemption from an audit.
In conclusion, Vant Panels Ltd appears to be facing some financial headwinds. While the company’s website and marketing efforts suggest a focus on growth and customer satisfaction, the declining assets and cash reserves indicate a need for careful management. The company’s ability to sustain its growth trajectory will depend on its ability to manage its costs and maintain a healthy cash flow.
Registered in England/Wales under the registration number 11553217, with a registered address at E5 9LF, England, London, 46 Moresby Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 6 years
- 9
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 6 years
- 11
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-09-30Download 6 pages pdf report
-
Confirmation statement made on 2024-09-04 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-09-30Download 7 pages pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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FAQ about Vant Panels Ltd
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