Vernon Fox Group Limited

Vernon Fox Group Limited is a small, active company based in Folkestone, UK, founded ten years ago in 2015. With two employees and a real address, it's a solo-founded operation managed by two directors and one owner. The company operates in the activities of head offices industries and irregularly imports art and antiques, with just one month of import activity recorded as of September 2017.

The company’s website, Vernon Fox Solutions, positions itself as a storage, recommerce, and overstock expert, offering a range of solutions for businesses struggling with excess inventory. It boasts a total of 75,000 square feet of warehousing space and a further 35,000 available within its group, servicing key regions within the UK. The site emphasizes data-driven operations, decades of combined team experience, and a fresh approach to ecommerce recommerce, having generated a multimillion-pound turnover in its first year. It even owns several subsidiaries, including Casco Philatelic Services Limited and Harry Allen Limited.

Financially, Vernon Fox Group Limited shows some concerning trends. While bank borrowings remain stable, equity has significantly declined by 15%, dropping to £1.2 million. Creditors have dramatically increased by 200%, reaching £260,000, and other creditors have surged by an astonishing 2,800%, reaching £220,000. Debtors, however, remain unchanged at £1.5 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 0 employees) helps it remain agile, but the sharp equity drop and rising debts raise questions. There’s no auditor mentioned, likely due to its small size, so the figures rely on unaudited statements.

Despite these financial pressures, Vernon Fox Group Limited appears to be actively expanding its services and leveraging its subsidiaries. The company’s focus on recommerce and storage solutions suggests a strategic effort to capitalize on the growing demand for efficient inventory management—though whether this can offset the financial headwinds remains to be seen.

Registered in England/Wales under the registration number 09464704, with a registered address at CT20 3UH, England, Folkestone, Kent, Benham House North Close, Shorncliffe Industrial Estate.

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