Vfalcon Ltd

VFALCON LTD, based in Enfield, UK, is a small, active company founded just one year ago. It’s a solo founder operation, managed by a single director and owner, and boasts £24,680 in assets. The company operates in the retail of furniture, lighting, and similar items, primarily through online sales.

The company's website, Falcon LTD, specializes in supplying ships and superyachts with a wide range of provisions and chandlery services. Founded over 20 years ago, the business operates from the Port of Falmouth and Plymouth, working closely with ship owners and agents. It's a member of several industry associations, including the International Association of Ship Suppliers and British Association of Ship Suppliers, demonstrating a commitment to quality and professionalism. The website also highlights a partnership with Wilhelmsen Ships Service, expanding its product offerings and capabilities.

Financially, VFALCON LTD presents a mixed picture. While the company is small, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its equity sits at a negative £11,000. Bank overdrafts remain steady at £17, while cash reserves are a respectable £10,000. Creditors and other debts are substantial, at £34,000 and £35,000 respectively, suggesting a reliance on credit. Trade debtors are £2,000, and inventories are £12,000. The company’s accounts are described as “filleted” and unaudited, and the production software used is VT Final Accounts.

The company’s negative equity is a concern, although it’s not uncommon for young businesses. The consistent bank overdraft and reliance on credit suggest a need for careful financial management. The company’s membership in industry associations and partnership with Wilhelmsen Ships Service indicate a focus on building a reputable brand—but the financial data shows a business still working to establish a solid foundation.

Registered in England/Wales under the registration number 14890553, with a registered address at EN3 4DX, England, Enfield, 229 High Street.

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