Vintage-electrical Ltd

Vintage Electrical Ltd, based in King's Lynn, UK, is a small, active company founded nine years ago in 2015. It employs three people and holds £122,134 in assets, operating from a virtual address shared by 175 other companies. The company is led by a single director and owner, who is also the solo founder, and runs an e-commerce site specializing in handcrafted lighting and home décor. It regularly imports furniture, lighting, and prefabricated buildings, with 27 months of import activity recorded, the latest in December 2024.

The website, VintageElectrical, showcases a wide range of products, from pendant lighting and ice buckets to clocks and furniture, all emphasizing unique, handcrafted designs. It caters to both UK and international customers, offering a variety of payment options and shipping destinations. The site also highlights a commitment to quality and customer service, with a focus on vintage-inspired styles and industrial aesthetics.

Financially, Vintage Electrical Ltd presents a mixed picture. Creditors increased significantly by 27%, reaching £120,000, while bank borrowings decreased by 28%, falling to £25,000. Cash reserves, however, disappeared entirely, dropping 100% to zero. Debtor’s increased by a staggering 2000%, reaching £27,000, which could indicate a reliance on customer payments or a change in credit terms. Net assets also decreased by 8.5%, falling to £1,100. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sudden loss of cash and increased debt raise concerns. As a small company, it is exempt from an audit, so the figures are unaudited.

The company’s reliance on imports and the fluctuating financial performance suggest a need for careful management. While the e-commerce platform appears well-designed and the products are appealing, the financial data indicates a company navigating a challenging economic climate.

Registered in England/Wales under the registration number 09639876, with a registered address at PE30 1HJ, England, King's Lynn, Norfolk, 22-26 King Street.

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