Veron Hub Ltd

Veron Hub Ltd is a small, active company based in London, UK, founded two years ago on January 20, 2023. With just one employee and £466 in assets, it’s a solo-founder operation led by a single director and owner, Omar Omar Sharif. The company operates in the retail sale via mail order houses or via internet industries. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees.

The company's website is currently unavailable, making it difficult to assess its e-commerce activities. However, the description suggests an online retail focus, likely selling goods directly to consumers. It’s hard to say exactly what they sell, but the retail sector is competitive, and success depends on finding a niche and providing excellent customer service.

Financially, Veron Hub Ltd presents a mixed picture. Current assets are a modest £470, while equity sits at £340. Bank balances are steady at £1500, but creditors are also at £130. The company’s small size and lean operation are advantages, but the low asset base and reliance on retained earnings suggest a need for careful cash management. The lack of employee growth, despite two years in operation, could be a sign of automation or a deliberate strategy to minimize costs. It’s worth noting that the accounts are abridged and unaudited, reflecting the company’s exemption as a small entity. No auditor is listed.

While the company’s financial position isn’t robust, it’s not necessarily in crisis. The steady cash balance and manageable creditors suggest it’s not burning through money excessively. However, the low equity base and lack of growth in assets could be a cause for concern if sales don't pick up.

Registered in England/Wales under the registration number 14605642, with a registered address at SE13 7EP, United Kingdom, London, Lewisham, Unit 53 Lewisham Shopping Centre, Opposite To Amazon Locker,Next To Natwest Bank.

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