Veobaby Ltd

Veobaby Ltd from Waltham Abbey UK is a small, active company founded five years ago. With just one employee and £110,389 in assets, it’s a solo founder operation led by a single director and owner, Sahin Serdar. The company regularly imports iron or steel products, with seven months of import activity recorded.

Veobaby Ltd operates in the wholesale of clothing and footwear, retail of clothing, and management consultancy. Its website showcases a unique product: the Veo portable bottle warmer. This battery-powered device, marketed as "the best-selling portable bottle warmer in Italy," aims to provide convenience for parents on the go. The site emphasizes compatibility with all bottles, ease of use, and safety features, highlighting its appeal to modern, mobile families. It's clear the company is focused on a niche market—portable baby care—and leveraging online sales to reach customers.

Financially, Veobaby Ltd presents a mixed picture. Current assets have increased by 42% to £110,000, which is good. However, net assets have decreased by 11% to £920, and bank borrowings have decreased by 38% to £5,100. Trade debtors have increased significantly by 130%, suggesting potential issues with customer payments. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible, but the decline in equity is something to watch. No auditor is mentioned, which is typical for companies of this size.

While the Veo bottle warmer appears to be a promising product, the financial data suggests the company is burning through cash. It’s likely that the company is reinvesting heavily in marketing and product development, but it will need to carefully manage its cash flow to ensure long-term sustainability.

Registered in England/Wales under the registration number 12180310, with a registered address at EN9 2BJ, United Kingdom, Waltham Abbey, Unit C Forest Oaks Aimes Green, Galley Hill.

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