Verandahshop Limited

Verandahshop Limited, based in Stansted, UK, is a small, active company founded 20 years ago. Employing ten people, it holds £163,923 in assets and operates from a virtual address – a detail flagged by the fact that fifty-nine other companies share the same address. The business is run by three directors and two owners, and boasts a stellar 5.0 Google rating from 31 reviews. It’s an e-commerce site specializing in gifts, home accessories, and wellbeing products, and irregularly imports toys, games, and sports equipment, with the last import activity recorded two months ago.

The company’s website, Verandahshop, describes itself as a "favourite independent gift shop" with a physical location in Kensal Rise, London. Originally established in Notting Hill in 1990, it now operates from a larger premise. The site highlights a curated selection of gifts at affordable prices, ranging from humorous cards to designer clothes samples. It’s clearly a family-run business, owned and operated by Simone Russell and Penelope Meachin, who also set up the shop in 1990. The website emphasizes friendly service and gift wrapping.

Financially, Verandahshop Limited presents a mixed picture. Current assets declined by 3.8% to £160,000, while net assets decreased by 9.3% to £130,000. Cash bank on hand, however, saw a substantial increase of 43% to £100,000. Trade debtors rose by 36% to £11,000, and creditors increased by 15% to £45,000. The company's small size (meeting two of three criteria for a small company) helps it remain flexible, but the decrease in equity is something to watch. No auditor is mentioned, which is common for small companies.

Overall, Verandahshop Limited appears to be navigating a period of change. While the website and customer reviews suggest a thriving business, the financial data indicates some challenges. It's a small, family-run operation that seems to be holding its own, but the future will depend on maintaining its loyal customer base and managing its finances carefully.

Registered in England/Wales under the registration number 05145178, with a registered address at CM24 8JG, England, Stansted, 1 Pond Lane, Bentfield Road.

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