Virtual Builders Warehouse Ltd

Virtual Builders Warehouse Ltd from Northampton UK is a small, active company founded two years ago. It's a solo founder operation with a real address, one director, and one owner, operating an e-commerce site with a stellar 5.0 Google rating based on one review. The company’s status is active.

The company’s website showcases a wide range of construction materials, from timber and sheet to building materials, insulation, and decorating supplies. It positions itself as offering “cheap construction materials” directly to customers, bypassing traditional warehouses and hypermarkets to save money and time. The site highlights a commitment to reducing lorry traffic and offering high-quality materials at competitive prices, with a focus on UK craftsmanship. It's a good business model.

Financially, Virtual Builders Warehouse Ltd is showing some concerning trends. Cash bank on hand has dropped significantly, from £16,000 to just £3,900 – a 76% decrease. Net assets and liabilities have both worsened, increasing by 86% and 100% respectively. Creditors have also decreased by 70%, which is a positive sign, but the overall picture suggests the company is burning through cash. There were no employees reported, which is typical for a small business. The accounts are abridged and unaudited, and the company is exempt from an audit.

While the e-commerce site appears active and well-reviewed, the financial data indicates a company facing challenges. The sharp decline in cash reserves and increase in net liabilities suggest the company may need to address its spending or find ways to increase revenue. It's possible these are just growing pains for a young business, but the trends warrant close monitoring.

Registered in England/Wales under the registration number 14504189, with a registered address at NN5 4UZ, United Kingdom, Northampton, Northamptonshier, 5 Upton Hall Crescent.

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