Virtue & Soul Ltd

Virtue & Soul Ltd is a small, active company based in London, UK, established twelve years ago in 2012. It’s a solo-founded operation with two employees and £36,805 in assets, operating from a virtual address shared by sixty-four other companies. The company is run by one director and owner, Olcer Erdem. It regularly imports jewelry, precious stones, and metals, with the latest import activity recorded three months ago. The company operates in the retail sale via stalls and markets of other goods industries.

The company’s website, Virtue Clean Energy, promotes a zero-sugar, zero-calorie energy drink powered by yerba mate. It’s positioned as a “feel good” alternative to traditional energy drinks, emphasizing natural ingredients and a clean energy boost. The website details the drink’s composition, nutritional information, and even includes a blog with recipes and lifestyle content. It also has a contact form and a section highlighting the benefits of yerba mate.

Financially, Virtue & Soul Ltd shows a mixed picture. Cash bank on hand increased by 6% to £20,000, while current assets rose by 7% to £37,000. However, net assets increased significantly by 84% to £17,000, driven by a substantial rise in retained earnings. Bank overdrafts decreased by 60% to £860, suggesting improved cash flow management. Trade debtors increased by 50% to £6,600, which could indicate growing sales but also potential collection issues. 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 flexibility, but the increased debtors should be monitored. With no auditor mentioned, the unaudited figures rely on director-reported data.

Overall, Virtue & Soul Ltd appears to be growing, but it's important to keep an eye on the increase in debtors and ensure sustainable cash flow management. The company’s focus on a niche market and its emphasis on natural ingredients could be a recipe for success, but it’s also facing the typical challenges of a growing business.

Registered in England/Wales under the registration number 08145036, with a registered address at N15 5EA, England, London, C/O Dirench & Co, 151 West Green Road.

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