Vend Limited

Vend Limited, based in Nottingham, UK, is a small, active company founded 13 years ago. Despite its longevity, the business is currently facing some financial challenges, with accounts overdue for two years and confirmation overdue by seven months. The company, led by a solo founder and single director, employs just one person and holds £77,856 in assets. It operates from a virtual address shared by nineteen other companies, a detail that raises some questions about its physical presence.

The company runs an e-commerce site, Vend Fabrics, specializing in premium UK fabrics for fashion, sportswear, dancewear, and more. The website boasts over 50 years of experience, with the business having been manufacturing fabrics since 72. It caters to both businesses and consumers, offering a wide range of materials, including cotton, knit fabrics, and sustainable options. The site emphasizes high-quality fabrics, competitive pricing, and customer service.

Financially, Vend Limited’s report paints a mixed picture. While cash reserves increased by a modest £1,200 to £1,200, current assets have plummeted by a staggering 1,400% to just £78,000. Debtor’s have increased dramatically, rising by 22,000% to £73,000, suggesting potential issues with collecting payments. Creditors have also increased significantly, by 550%, reaching £83,000. Equity has decreased by 29%, settling at -£5,300. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the significant drop in equity and increase in debt raise concerns about its financial health. The report is unaudited, as the company is exempt from an audit as a small company.

Registered in England/Wales under the registration number 07741200, with a registered address at NG5 1AP, Nottingham, Newstead House, Pelham Road.

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