Vertigo Vr Limited

Vertigo VR Ltd from Barnet UK: a small holding company with an active status, was founded eight years ago and employs twelve people. The company holds £54,321 in assets, operates from a real address, and is led by one director and owner, boasting a stellar Google rating of 5.0 based on 541 reviews. It’s an irregular importer of toys, games, and sports equipment, with just two months of import activity recorded.

The company's primary focus is as a virtual reality entertainment centre in Milton Keynes, offering a range of immersive experiences. Its website highlights attractions like a VR arena, sphere, 5D cinema, escape games, and ride combos. It caters to a broad audience, including birthday parties, team-building events, and private hires, with options for gift vouchers and a bar serving drinks and snacks. The site emphasizes a cutting-edge VR experience and a welcoming venue, with positive reviews praising the staff and the overall fun factor.

Financially, Vertigo VR Ltd shows a mixed picture. Current assets have fallen by 24% to £54,000, while net assets have dropped significantly by 33% to -£200,000. Bank borrowings have decreased by 6.4% to £18,000, and cash reserves have plummeted 65% to just £6,700. Creditors have increased by 25%, suggesting a reliance on trade credit. 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 decline in equity raises concerns. No auditor is mentioned, meaning the figures are unaudited.

The company’s financial data suggests it is burning through money, possibly typical for a startup in a capital-intensive industry like virtual reality entertainment. The lack of cash reserves and the negative equity are worrying signs, but the high Google rating and positive customer reviews indicate strong demand for its services. It will be interesting to see if Vertigo VR Ltd can turn its popularity into sustainable profitability.

Registered in England/Wales under the registration number 10426671, with a registered address at EN5 2HA, England, Barnet, 40 Woodfall Avenue.

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