Veedon Fleece Limited

Veedon Fleece Ltd, based in Midhurst, UK, is a small, active company founded 31 years ago. With just two employees and £114,129 in assets, it operates from a virtual address—a fact highlighted by the presence of 33 other companies registered at the same location. The company is run by three directors and one owner, Gilchrist Adam Munn Renshaw. It’s an irregular importer, primarily dealing in clocks, watches, and their parts, with a single month of import activity recorded back in 31 years ago.

The company’s website showcases a bespoke hand-knotted rug and carpet business, operating under the name Veedon Fleece Designers and Manufacturers. It offers a range of styles, from classical to contemporary, and caters to both residential and commercial clients. The company has a showroom in Guildford and even a presence in Harrods, London. It’s a family-run operation, emphasizing British craftsmanship and a commitment to museum-grade restoration and disaster recovery services.

Financially, Veedon Fleece Ltd presents a mixed picture. Current assets have decreased by 1.3% to £110,000, while cash reserves have fallen 12% to £55,000. Debtors have increased significantly by 140% to £12,000, suggesting a possible expansion of credit terms. However, creditors have decreased by 5.1% to £120,000, indicating improved debt management. The company’s small size—meeting two of three conditions for being classified as small—helps it maintain agility, but the decrease in equity is something to keep an eye on. As a small company, it's exempt from an audit, so the financial statements are unaudited.

It seems Veedon Fleece Ltd is navigating a period of change, balancing its traditional craftsmanship with the demands of a modern market.

Registered in England/Wales under the registration number 02840760, with a registered address at GU29 9NQ, Midhurst, West Sussex, Greens Court, West Street.

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