Veetreo Ltd

Veetreo Ltd, based in Elsecar, UK, is a small, active company founded just three years ago in 2022. With £17,843 in assets and a real registered address, it’s a solo-founded operation run by two directors and one owner. The business boasts a perfect 5.0 Google rating from 32 reviews, a testament to its customer service. The company operates in the retail sale of new goods in specialised stores, often via mail order or internet.

The company’s website, though currently unavailable, likely showcases stained glass work, given the business’s description as a stained glass studio. It's a niche market, requiring specialized skills and craftsmanship. The business is likely targeting individual customers and potentially interior designers or architects.

Financially, Veetreo Ltd shows a mixed picture. Current assets have decreased by 53%, falling to £18,000, while net assets have increased by 48% to £11,000. Cash reserves have also fallen significantly, dropping 57% to £11,000. Trade creditors have decreased by 75%, which is a positive sign, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the drop in cash reserves is something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s accounts show a reduction in property, plant and equipment, and a decrease in finished goods. Depreciation charges have increased, which could be due to the company investing in new equipment. The company’s deferred tax policy suggests it is actively managing its tax obligations. Overall, Veetreo Ltd seems to be navigating the challenges of a small business, but the financial trends warrant careful monitoring.

Registered in England/Wales under the registration number 13855196, with a registered address at S74 8HJ, United Kingdom, Elsecar, Elsecar Heritage Centre, Wath Road.

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