Vietlux Ltd

Vietlux Ltd from London UK: small company, active status, founded 6 years ago, 4 employees, £231,447 assets, real address, 1 director, 1 owner. Regular importer of clothing and accessories made by knitting or crocheting (4 months imported). Regular exporter of clothing and accessories, not knitted or crocheted (3 months exported). It’s a small, active company based in London, UK, established six years ago. With four employees and £231,447 in assets, it operates from a real address and is led by a single director and owner. The business regularly imports clothing and accessories made by knitting or crocheting, with four months of import activity recorded, and exports clothing and accessories not knitted or crocheted, with three months of export activity.

Vietlux Ltd appears to be involved in facilitating trade, acting as an agent for various goods. Its website, while primarily in Vietnamese, suggests a focus on business registration and tax identification number lookup services within Vietnam. It lists a wide range of business types, from small shops to large corporations, and provides tools for searching company information. The site also includes a directory of businesses across all 63 provinces of Vietnam, offering a comprehensive resource for those seeking to do business in the country. While the English-language content is limited, the site's functionality points to a digital platform connecting businesses and providing essential information.

Financially, Vietlux Ltd presents a mixed picture. Current assets have decreased by 7.1% to £230,000, while bank borrowings have dropped by 33% to £16,000. Cash reserves have also fallen significantly, decreasing by 80% to just £13,000. Creditors have also decreased by 33%, suggesting improved debt management, but debtors have fallen by a substantial 55%, which could be a concern. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, however the drop in debtors is something to keep an eye on. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Vietlux Ltd seems to be navigating a period of change. While its core import/export activities continue, the financial data suggests a need for careful management. The company's focus on facilitating trade in Vietnam, combined with its digital platform, positions it for potential growth—but it will need to address the recent financial challenges to ensure its long-term success.

Registered in England/Wales under the registration number 11801898, with a registered address at E1 1NB, England, London, 6 Henriques Street.

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