Vilas Limited

Vilas Limited is a small, active company founded 42 years ago in 1982, operating from a real address in London. With six employees and £266,167 in assets, it's a family-run business with two directors and one owner, who is also the solo founder. Vilas Limited regularly imports clothing and accessories, excluding knitted or crocheted items, with the last import operation occurring four months ago. The company’s core business involves the retail sale of textiles in specialised stores.

The company’s website isn’t available for review, so it’s difficult to determine the extent of its online presence or e-commerce activities. However, its name suggests a focus on textiles, potentially indicating a wholesale or retail operation.

Financially, Vilas Limited presents a mixed picture. While net assets increased by 10% to £410,000, current assets remained relatively flat at £270,000. Bank borrowings decreased significantly by 58%, to £7,400, and cash reserves grew by 24% to £110,000. Creditors also decreased by 58%, to £7,400, suggesting improved debt management. However, trade debtors decreased by 32%, which could indicate slower customer payments. The company’s small size—meeting two of three criteria for a small company—helps it maintain agility. The accounts are unaudited, which is common for small companies.

Overall, Vilas Limited appears to be financially stable, although the decrease in trade debtors warrants monitoring. The company’s long history and established presence suggest a resilient business model, despite the lack of a visible online presence.

Registered in England/Wales under the registration number 01667959, with a registered address at E7 8LJ, 247 Green Street, London.

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