Ventura Developments Limited

Ventura Developments Limited, based in Southport, UK, is a small, active company established 17 years ago. It’s a solo-founded operation with one director and one owner, Kennerley Andrew Garth, employing just one person and holding assets of £602,896. The company operates from a virtual address shared by 77 other businesses, suggesting a potentially lean structure. Its primary focus is development of building projects and other engineering activities, and it occasionally imports miscellaneous chemical products, with the last import recorded over a year ago.

The company’s website showcases a range of services, from new house building to civil engineering projects, and even sourcing land for development. Testimonials highlight customer satisfaction with the quality of their work, emphasizing expertise and a classic contemporary design. The site also features a section for land requirements, indicating an ongoing search for new development opportunities.

Financially, Ventura Developments Limited is showing some concerning trends. While current assets remain stable at £600,000, net assets have fallen by 33% to £85,000. Cash reserves have taken a significant hit, dropping 83% to just £49,000. Bank borrowings have decreased, though, by 28%, and trade debtors have increased substantially, suggesting potential cash flow issues. Depreciation on plant and machinery has also increased slightly. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Ventura Developments Limited appears to be navigating a period of financial pressure. While the company’s website and testimonials suggest a reputation for quality and customer satisfaction, the declining cash reserves and net assets warrant careful monitoring.

Registered in England/Wales under the registration number 06561799, with a registered address at PR9 0PG, United Kingdom, Southport, Merseyside, 55 Hoghton Street.

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