Vega International Group Ltd

Vega International Group Ltd is a small, active company based in Milton Keynes, UK, founded six years ago in 2019. With a real address and two directors, it’s a solo-founded operation employing just one person and holding £28,922 in assets. The company operates in the management consultancy activities other than financial management industries. Its website, vegainternationalgroup.com, highlights expertise in migration, healthcare, education, and business consultancy, offering services like project consultancy and even 3D printing solutions.

The site showcases a range of services, from helping individuals navigate migration processes to assisting businesses with project setup and property development. It even has a blog with articles on topics like “The Future of 3D Printing in Manufacturing.” While the company's website looks professional, it’s worth noting that it’s an irregular importer, with its top import category being Toys, games, and sports equipment, totaling just one month of imports back in 2022.

Financially, Vega International Group Ltd is showing some concerning trends. Cash bank on hand has dropped significantly by 44% to £10,000, and net assets have plummeted 110% to just £110. Creditors have also decreased by 39%, but this may be offset by a large increase in taxation and social security payable. Trade debtors have fallen dramatically, suggesting potential issues with customer payments, and the company’s equity is negative. 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 it to remain agile, but the sharp decline in equity is a red flag. The company is exempt from an audit, so the figures are unaudited.

In short, Vega International Group Ltd appears to be facing financial pressures. While its website projects an image of a thriving consultancy, the numbers suggest the company is burning through money. It’s unclear whether the business model is sustainable, or if the company will need to make significant changes to improve its financial health.

Registered in England/Wales under the registration number 11834047, with a registered address at MK19 6AN, England, Milton Keynes, Buckinghamshire, Sovereign House 15 Towcester Road, Old Stratford.

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