Vestigial Ltd

Vestigial Ltd is a small, active company based in Slough, UK, founded three years ago in 2022. It’s a solo founder operation, with one director and owner, Sajjad Hassan, and just one employee. The company holds £7,979 in assets and operates from a virtual address shared by thirteen other companies, which is a bit odd. Vestigial Ltd primarily engages in retail sales via mail order and the internet, alongside warehousing and storage for land transport activities. Its website, Vestigial Surreality, showcases the work of Douglas Christian Larsen, an author, artist, and graphic designer, featuring artwork, writings, and a focus on “surreality.”

The website is a bit of a mixed bag, presenting Douglas Christian Larsen as a novelist, artist, and designer, with a portfolio spanning various mediums—from dynamic op art to experimental writings. It’s unclear how closely Larsen’s artistic endeavors are linked to Vestigial Ltd's core business, but the website suggests a creative, perhaps experimental, approach. The site’s focus on art and writing contrasts with the more practical nature of warehousing and storage, which is a little confusing.

Financially, Vestigial Ltd shows a mixed picture. Cash on hand increased by a significant 150% to £2,600, which is good, but creditors jumped by 440% to £4,300—suggesting increased reliance on credit. Current assets are up 320% to £8,000, which is a positive trend, but finished goods have surged by 1,400% to £5,000, which could mean inventory buildup. Debtors decreased by 28%, which is a good sign of improved collections. Equity increased by 250% to £3,600, and net assets are up 230% to £3,700. The company is small, meeting two of three criteria for a small company, and it’s exempt from an audit, so the numbers are unaudited.

Overall, Vestigial Ltd seems to be growing, but it’s also taking on more debt. Whether this is a sustainable strategy or a sign of financial strain remains to be seen. The company's dual focus on e-commerce and creative endeavors, combined with its small size and virtual address, suggests a unique and potentially challenging business model.

Registered in England/Wales under the registration number 14033475, with a registered address at SL1 4DX, England, Slough, Berkshire, 268 Bath Road.

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