Venbeta Limited

Venbeta Ltd, based in Cardiff, UK, is a small, active company founded six years ago in 1998. With three employees and £311,272 in assets, it’s a solo-founded operation with two directors overseeing its activities. The company operates in the non-specialised wholesale trade and retail sale via mail order houses or via internet industries. It regularly imports electrical machinery and equipment, with 5 months of import activity recorded, and occasionally exports similar items, with 2 months of export activity.

The company’s website is currently unavailable, making it difficult to ascertain the specifics of its online presence. However, the company’s profile suggests a focus on wholesale and online retail, potentially catering to businesses or individual consumers seeking electrical equipment.

Financially, Venbeta Ltd presents a mixed picture. While current assets increased by 12% to £310,000, net assets only rose by 6.6% to £89,000. Bank borrowings increased by 13% to £240,000, and cash reserves fell by 32% to £11,000. Trade debtors increased by 20% to £300,000, suggesting potential issues with customer payments. 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 agility, but the decline in cash reserves warrants attention. No auditor is mentioned, as the company is likely exempt as a small company.

Overall, Venbeta Ltd appears to be navigating a period of change. While its asset base has grown, the decrease in cash reserves and increase in trade debtors suggest it may be burning through money faster than it’s bringing it in. The company’s future success will likely depend on its ability to manage its cash flow and maintain a strong customer base.

Registered in England/Wales under the registration number 11748230, with a registered address at CF3 1XH, Wales, Cardiff, Office 17 Pwll-Mawr Court, Business Park, Wentlog Road.

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