Viip Limited

Viip Limited is a small, active company based in London, UK, founded six years ago in 2019. It’s a solo-founder operation with one director and owner, Kolaric Mihelca, and holds £162,103 in assets. The company operates from a virtual address, sharing space with 6850 other businesses, and focuses on retail sale via mail order houses or via internet. It’s an irregular importer, primarily dealing in headgear and accessories, with its last import activity recorded just one month ago.

The company’s website, salesvipvoip.co.uk, reveals a different focus: providing wholesale VoIP solutions to resellers and dealers. It offers white-labelled services, first-class support, and even custom VoIP development. The site emphasizes flexibility, competitive pricing, and a 97% client retention rate—a testament to its expertise and customer satisfaction. The company caters to a variety of industries, including charities, emergency services, motor trade, and call centres, offering solutions like virtual receptionists, conference calls, and wallboard systems.

Financially, Viip Limited shows a mixed picture. Cash reserves increased by a healthy 90% to £73,000, and current assets rose by 51% to £160,000. However, creditors also increased significantly, by 79% to £97,000. Trade debtors grew by 87%, which could indicate delayed payments from customers or an expansion of credit terms. Equity increased by 22%, but the company’s net current assets liabilities are still at £65,000. 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. The accounts are abridged and unaudited, and no auditor is mentioned.

Overall, Viip Limited seems to be growing, but managing its debts will be key to its long-term success. The company’s focus on VoIP services and its high client retention rate suggest a strong foundation for future growth, but the rising creditors are something to keep an eye on.

Registered in England/Wales under the registration number 11856430, with a registered address at WC2H 9JQ, United Kingdom, London, Greater London, 71-75 Shelton Street.

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