Verndale Ltd

Verndale Ltd is a small, active company based in London, UK, founded five years ago in 2019. With a single employee and £72,421 in assets, it’s a solo-founded operation led by a director and owner, Patel Imran. The company operates in the wholesale of household goods, and is an irregular importer, with its top import category being Furniture, Lighting, and Prefabricated Buildings, totaling 1 months of imports. The last import operation was conducted on November 01, 2023.

The company’s website paints a picture of a digital experience agency, offering services like CMS development, DXP solutions, and commerce strategy. They work with a range of clients, from financial services firms like Acadian Asset Management to sports venues like the Washington Nationals, and boast expertise in technologies like Salesforce, BigCommerce, and Shopify Plus. They also offer assessments, workshops, and insights on topics like personalization and digital experience platforms. The website is full of case studies, showcasing their work in areas like website redesign, content management, and digital marketing.

Financially, Verndale Ltd presents a mixed picture. While current assets increased by 56% to £72,000, equity also saw a significant jump, rising 150% to £7,300. However, creditors also increased by 49% to £65,000, and bank cash fell by 65% to £3,600. Trade debtors remained constant at £10,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the rise in creditors suggests potential cash flow pressures. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Verndale Ltd appears to be a lean, digitally focused company navigating the challenges of growth. The company’s success hinges on its ability to continue winning clients and managing its cash flow effectively—although the sharp increase in creditors is something to keep an eye on.

Registered in England/Wales under the registration number 12320074, with a registered address at E5 9QH, England, London, 22 Wattisfield Road.

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