Venture Blue Limited

Venture Blue Ltd from Worthing UK: a small holding company with an active status, has been operating for 18 years. Employing 13 people, the company holds £636,109 in assets, operates from a virtual address, and is overseen by three directors and one owner. It has a Google rating of 3.0 based on 17 reviews. Venture Blue regularly imports electrical machinery and equipment (for 3 months), and exports basic metal tools and utensils (for 8 months).

The company's website, Venture Blue ecommerce trading experts, clearly focuses on e-commerce, with mentions of "ecommerce trading experts" and links to cookies, privacy policy, and terms & conditions. It’s a fairly standard online retail setup, suggesting a focus on digital sales and services.

Financially, Venture Blue Ltd presents a mixed picture. Accumulated depreciation on computer equipment rose 12%, while motor vehicle depreciation increased significantly at 23%. Amounts owed to group undertakings decreased by 17%, and bank borrowings vanished completely, a positive sign. However, the number of employees dropped by 31%, and net assets plummeted 190% to a concerning £30,000. Creditors increased by a substantial 45%, and trade debtors also rose by 87%. Despite these challenges, cash reserves grew by 68% to £61,000. The company meets the criteria for being a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned likely means the accounts are unaudited.

Overall, Venture Blue Ltd seems to be navigating a period of change. While the company's cash position improved, the decline in employees and the rise in creditors suggest potential operational pressures. The strong focus on e-commerce and the company's small size could offer agility, but the management will need to address the financial trends to ensure long-term sustainability.

Registered in England/Wales under the registration number 05786394, with a registered address at BN11 1RL, United Kingdom, Worthing, Amelia House, Crescent Road.

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