Vault 101 Limited

Vault 101 Limited, based in Dumfries, UK, is a small, active company established ten years ago. With four employees and £90,539 in assets, it operates as an e-commerce site specializing in body jewellery and related accessories. The company, led by a solo founder and director, Wilson Connor Devlin, has garnered a respectable 4.0 Google rating from 15 reviews. Its real address is located within the Farries Kirk & Mcvean Dumfries Enterprise Park.

The website showcases a vast selection of body piercings, ranging from plugs and tunnels to rings and barbells, available in various materials like stainless steel, silicone, and wood. It also offers custom plugs, allowing customers to upload their own images. Beyond body jewellery, Vault 101 Limited sells related items like keyrings, leather bracelets, and even novelty items like Lego-themed cufflinks. The site’s design is quite extensive, with a lot of products.

Financially, Vault 101 Limited’s recent report reveals a mixed picture. Current assets have decreased by 21% to £91,000, while net assets have increased by 6.4% to £88,000. Bank borrowings have significantly reduced by 66%, dropping to £5,000, which is a positive sign. However, trade debtors have plummeted by a substantial 77%, indicating a possible issue with collecting payments. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible. As a small company, it is exempt from an audit, so the figures are unaudited.

The decrease in debtors could be a temporary blip or a sign of changing business practices. The reduction in bank borrowings is encouraging, but the decrease in current assets warrants closer monitoring. Overall, Vault 101 Limited appears to be navigating the challenges of a small e-commerce business, but the financial data suggests a need for careful management.

Registered in Scotland under the registration number SC500827, with a registered address at DG1 3SJ, Scotland, Dumfries, Farries Kirk & Mcvean Dumfries Enterprise Park, Heathhall.

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