Vee-al Modish Ltd

Vee Al Modish Ltd from Peterborough UK: small company, active status, founded 5 years ago, £116,854 assets, real address, 1 director, 1 owner. This business, operating from Eye Green Industries, is a small enterprise meeting two of three criteria for a small company: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. It’s been active since its incorporation on March 16, 2020, and currently has one director and one owner, Butau Allington and Simenda Virginia respectively.

The company’s operations encompass a diverse range of retail activities, including mail order and internet sales, non-store retail, event catering, and general retail. While no website is listed, the company's description suggests a multi-faceted retail presence.

Financially, Vee Al Modish Ltd presents a mixed picture. Current assets have slightly decreased, dropping from £120,000 to £116,854. Liabilities have also increased, with accrued liabilities rising by 50% to £300. Bank cash has plummeted a staggering 100%, leaving just £1. Trade debtors are up by a significant amount, while creditors remain relatively stable. Equity has taken a hit, with retained earnings and accumulated losses down 20% to -£18,000. The company’s small size and lack of employees (zero reported) contribute to its agility, but the decline in equity and cash reserves are concerning. No auditor is listed, which is typical for small, exempt companies.

It seems like the company is facing some financial headwinds, with rising liabilities and dwindling cash reserves. Whether this is a temporary setback or a longer-term trend remains to be seen. The company’s diverse retail activities and lean operation could provide resilience, but careful management will be crucial to navigate these challenges.

Registered in England/Wales under the registration number 12519405, with a registered address at PE6 7SZ, England, Peterborough, Unit 9 Crowland Road, Eye Green Industries.

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