Ventex Bg Ltd

Ventex Bg Ltd, based in Barking, UK, is a small, active company established nineteen years ago. With seventeen employees and £362,821 in assets, it's a modest operation overseen by five directors and two owners. While confirmation is currently overdue by a month, the company maintains a real address and has a long history of importing cereal and milk-based food products (129 months) and exporting machinery, boilers, and mechanical appliances (24 months).

The company operates in the retail sector, specifically focusing on the other retail sale of food in specialised stores. Its website, stockme.co.uk, emphasizes cookies and privacy policies, suggesting a focus on online sales and customer data security. The site also mentions Bite Tech LTD, hinting at potential partnerships or related businesses.

Financially, Ventex Bg Ltd’s recent performance presents a mixed picture. Current assets have decreased by 21%, falling to £360,000, while net assets have plunged a staggering 310%, landing at -£310,000. Bank borrowings have increased significantly by 100%, reaching £760,000, and cash reserves have dwindled, although they did increase to £58,000. Trade debtors have risen by 10%, suggesting potential delays in customer payments, while creditors have also increased, which could indicate increased costs. The company's size—meeting two of three conditions for a small company—allows for flexibility, but the substantial decline in equity raises concerns. As a small company, it’s exempt from an audit, so these figures are unaudited.

The company’s reliance on imports and exports, coupled with the recent financial pressures, suggests a need to carefully manage its supply chain and customer relationships. While the online presence indicates a focus on customer service, the financial data reveals a company potentially burning through cash. It’s unclear if the business is struggling, or if it’s a typical situation for a small company.

Registered in England/Wales under the registration number 05726795, with a registered address at IG11 7NZ, England, Barking, Essex, Unit 2 New England Industrial Estate, Gascoigne Road.

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