Visimi Limited

Visimi Ltd, based in Loughborough, UK, is a small, active company founded eight years ago. With four employees and £339,856 in assets, it operates from a virtual address – a detail flagged by sixty-eight other companies registered at the same location. The business is led by two directors and two owners, although the owner list hasn’s changed in six years.

Visimi’s core activity revolves around digital signage solutions. Its website showcases a range of products, from indoor and outdoor displays to interactive kiosks and video walls, catering to sectors like retail, education, transport, and healthcare. The company designs, creates, and manufactures most of its product range in the UK, offering bespoke solutions and fast turnaround times. They also provide free digital signage software with all their screens, a key differentiator in the market.

Financially, Visimi’s recent performance presents a mixed picture. Current assets have decreased by 31%, dropping to £340,000, while net assets have fallen by 34%, settling at £130,000. Bank borrowings have significantly reduced by 62%, down to £34,000, and cash reserves have increased by 20%, reaching £76,000. However, trade debtors have surged by a staggering 1200%, indicating potential issues with customer payments. The company meets the criteria for being a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

The sharp increase in debtors, combined with the decrease in net assets, suggests Visimi might be experiencing some cash flow challenges, despite a generally positive business outlook. It’s possible that the company is investing in growth, or that it’s facing longer payment cycles from its customers.

Registered in England/Wales under the registration number 10166812, with a registered address at LE11 2DW, England, Loughborough, Albert House, 1 Albert Street.

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