Vexxd Ltd

Vexxd Ltd is a small, active company based in London, UK, founded four years ago in March 2021. The company, which operates an e-commerce site, has a virtual address and is led by one director and one owner. With £800 in assets and £700 in yearly revenue, it’s a modest operation.

The company’s website, Vexx Co, showcases a range of products including coloring books, apparel, and accessories. The site’s aesthetic is modern and playful, featuring bold graphics and a focus on unique designs. It seems to cater to a younger demographic, with items like “Doodle Bracelets” and “Sticker Packs” alongside more substantial clothing options. The site also has a “Skip to content” button which is a nice touch.

Financially, Vexxd Ltd's numbers paint a picture of a company struggling to gain traction. While turnover increased by 40% to £700, net assets only rose by 50% to £300, suggesting that growth isn't translating into improved equity. Cash reserves have fallen significantly, dropping 30% to just £300, which is a concern. Bank borrowings have increased, and trade debtors are high, indicating potential issues with customer payments. The company’s small size (meeting two of three conditions for a small company) helps it stay nimble, but the decline in equity is a red flag. There's no auditor mentioned, so the figures are unaudited.

It's clear that Vexxd Ltd is navigating the challenges of a startup. While the e-commerce site appears active and well-designed, the financials suggest a need for improved profitability and cash flow management. The company’s future depends on its ability to convert website traffic into sustainable revenue.

Registered in England/Wales under the registration number 13274929, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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