Vatel Ltd

Vatel Ltd, based in Stanmore, UK, is a small, active company founded seven years ago. With two employees and £319,522 in assets, it operates from a virtual address, managed by a single director and owner – a solo founder. Its Google rating sits at a modest 1.0 based on just one review. The company irregularly imports furniture, lighting, and prefabricated buildings, with the last import occurring two months ago in December 2022.

The company’s website describes Vatel Ltd as a construction, property, and development firm dedicated to delivering projects on time, to a great standard, and within budget. It boasts experience in developing and building properties for lifestyle, efficiency, or investment, and has completed both new construction and challenging renovation projects in London and the Home Counties. The site includes contact information and a downloadable brochure, encouraging potential clients to reach out.

Financially, Vatel Ltd’s recent performance presents a mixed picture. While bank borrowings decreased by 8.6%, cash reserves fell by 4%, and current assets dropped by 45% to £180,000. More concerning is the significant decrease in equity, which fell by 51% to -£24,000. Trade debtors have also seen a substantial decline, dropping 58% to £34,000. Despite these challenges, creditors decreased by 8.6%, suggesting some improvement in debt management. The company's small size – meeting two of three conditions for a small company – allows for flexibility, but the decline in equity warrants closer attention. As a small company, it is exempt from an audit, and the figures are unaudited.

It seems the company is facing some financial headwinds, although it’s difficult to say if it’s a temporary setback or a longer-term issue.

Registered in England/Wales under the registration number 11348249, with a registered address at HA7 4NT, England, Stanmore, Padma Villa, 2 Reenglass Road.

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