Veda Nfp Consulting Limited

Veda Nfp Consulting Limited, based in London, UK, is a small, active company founded thirteen years ago in 2011. With ten employees and £186,936 in assets, it operates from a real address at Vida Studios, and is led by a single director and owner, Saleh Parvez. The company is a niche CiviCRM Marketing Automation Specialist, helping progressive nonprofits leverage opensource technologies. It’s an irregular importer, primarily dealing in aluminum and aluminum products, with its last import operation recorded in June 2024.

The company’s website, CiviCRM.TV, highlights its expertise in CiviCRM, a popular CRM platform for nonprofits. Veda Consulting offers consulting, implementation, and support services, building on its status as a CiviCRM Gold Founding Partner. It’s clearly focused on serving the nonprofit sector, boasting over 50 mid-to-large size nonprofit customers and having built 18 extensions for CiviCRM. The site showcases client case studies, emphasizing its ability to help nonprofits increase income and improve their digital transformation efforts. It even has a membership platform, online fundraising, and grant tracking solutions.

Financially, Veda Nfp Consulting Limited presents a mixed picture. Cash bank on hand dropped significantly by 33% to £110,000, while bank borrowings decreased by 20% to £57,000. Current assets also declined by 14% to £190,000. However, trade debtors increased by a substantial 36% to £81,000, which could indicate increased sales on credit. Equity has also taken a hit, falling 24% to £86,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

Despite the decline in cash reserves and equity, Veda Nfp Consulting Limited appears to be a stable business with a clear focus on a specific niche. The increase in trade debtors suggests growing sales, but it’s important to monitor its ability to collect those payments. The company’s reliance on CiviCRM and its expertise in the nonprofit sector could provide a buffer against broader economic challenges.

Registered in England/Wales under the registration number 07762703, with a registered address at E3 2PX, England, London, Vida Studios, Unit 4, 419 Wick Lane.

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