Visionary Ecom Ltd

Visionary Ecom Ltd from Harpenden UK is a small, active company founded four years ago. It employs just two people and holds £4,178 in assets, operating from a virtual address. The company has two directors and one owner, Hall Martin James. It’s a private limited company registered in England/Wales with registration number 12946917.

The company primarily operates in the retail sale via mail order houses or via internet industries. While no website is available to analyze, this suggests a focus on online sales, potentially with a catalog or marketplace presence. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

Financially, Visionary Ecom Ltd presents a mixed picture. Current assets have decreased significantly by 30%, dropping to £4,200. Net assets and net current assets also declined by 28%, reaching -£26,000. Cash bank on hand has increased slightly by 12%, to £420. Trade debtors have seen a substantial growth of 98%, to £460, which could indicate increased sales but also potential payment issues. Creditors have risen by 15%, to £30,000. Advances to directors have increased by a staggering 110%, to £12,000. The company’s retained earnings and accumulated losses are -£26,000.

The significant decline in equity suggests the company may be burning through cash or facing financial pressures. The increase in advances to directors could be a sign of personal investment or a need for additional funding. The lack of an auditor (likely exempt due to its small size) means these figures are unaudited. The financial statements have been prepared on the historical cost basis, and the company is compliant with the provisions small companies’ regime.

Registered in England/Wales under the registration number 12946917, with a registered address at AL5 4EE, England, Harpenden, Vaughan Chambers, Vaughan Road.

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