Vesey Uk Limited

Vesey UK Limited, a family business based in Birmingham, UK, is a medium-sized holding company with an active status. Established seventeen years ago in 2008, the company employs thirty-one people and boasts assets of £8,630,802. Annual revenue stands at £13,185,453, despite operating from a virtual address – a detail flagged by the presence of twenty-five other companies registered at the same location. The company is owned by four individuals, and managed by three directors. It’s a regular importer of toys, games, and sports equipment, with a consistent record of nineteen months of imports.

The company's website, Discount Football Kits, showcases a comprehensive range of football kits, training wear, and accessories from major brands like Nike, Adidas, Puma, and Stanno. It’s clearly an e-commerce operation, offering a wide selection of products and catering to teamwear needs. The site emphasizes quality branded goods, speedy delivery, and excellent customer service—a strategy that has earned it recognition as a Premier Dealer of Stanno and Platinum Dealer of Prostar. It even offers personalization options, like printed numbers and sponsor logos, to cater to team requirements.

Financially, Vesey UK Limited presents a mixed picture. While cash and cash equivalents increased by a substantial 20%, rising to £4,500,000, other key metrics reveal some concerning trends. Net assets decreased by 13%, dropping to £7,400,000. Bank borrowings increased by 11%, reaching £100,000, and trade debtors ballooned by 96%, suggesting potential issues with customer payments. Although creditors decreased by 36%, this could be a short-term effect. The company’s size—meeting two out of three conditions to be classified as medium—allows for agility, but the decline in net assets warrants closer examination. The accounts, prepared by Lindley & Co, are unaudited, relying on management’s reporting.

Overall, Vesey UK Limited appears to be a well-established online retailer navigating a changing economic landscape. While its strong brand partnerships and customer service are positives, the financial trends suggest a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 06486633, with a registered address at B24 9ND, England, Birmingham, 582-586 Kingsbury Road, Erdington.

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