Vimart Design Ltd

Vimart Design Ltd is a small, active company based in London, UK, founded four years ago in September 2020. It’s a solo venture, run by a single director and owner, Turidi Ismail, and employs just one person. The company holds £15,656 in assets, but its registered address is likely virtual, as 753 other companies share the same location.

Vimart Design Ltd operates across several industries, including retail sales via mail order and internet, book publishing, specialised design activities, and educational support services. Its website, though currently unavailable, suggests a focus on design and creative services.

Financially, the company's recent performance shows some concerning trends. While cash bank on hand increased by a substantial 120% to £15,000, net assets have plummeted by a staggering 92% to just £81. Creditors have risen significantly, increasing by 150% to £17,000, and trade debtors have fallen by nearly 50% to £820. Net current assets have turned negative, now at -£1,700. The company's equity has also suffered a 92% decline, indicating a potential need for investment or improved profitability. Despite these challenges, the company’s small size—meeting two of three criteria for a small company—allows for agility, but the sharp decline in equity raises concerns about its long-term viability. No auditor is mentioned, as the company is exempt due to its size.

Registered in England/Wales under the registration number 12913827, with a registered address at N16 9BS, England, London, 17 Green Lanes.

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