Visual Visionary Ltd.
- Micro
- Active
- 12 years
- 4 employees
- £806,677 (assets)
- Real address
- 2 directors
- 2 owners
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £632,000
2.Balance sheet total < £316,000
3.Average number of employees < 10
Field of Operation
Website
Summary
Visual Visionary Ltd, based in London, UK, is a small, active company founded twelve years ago in 2012. With five employees and £659,474 in assets, it operates from a real address in NW10 6EU. The company has two directors and two owners, and it’s been importing and exporting optical and medical tools and devices for a considerable time – 26 months of imports and 165 months of exports. The company’s website, Visual Visionary, appears to be an e-commerce platform focused on selling PPE and site supplies. It has a perfect 5.0 Google rating from eight reviews, which is a good sign.
The company operates in the other manufacturing and professional, scientific, and technical activities industries. Its website emphasizes competitive pricing and fast customer support—hallmarks of a modern e-commerce business. While small (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it’s clearly aiming to carve out a niche in the crowded PPE market.
Financially, Visual Visionary Ltd shows some concerning trends. Cash bank on hand dropped by a significant 46% to £130,000, while creditors increased by a whopping 99% to £88,000 after one year. Trade debtors ballooned by 40% to £300,000, which could be a sign of delayed customer payments. On a positive note, current assets remained relatively stable, decreasing just 2.3% to £660,000. Fixed assets, however, experienced an extraordinary 12,000% increase to £60,000 – a number that seems unusually large and warrants further investigation. Equity increased by 19% to £510,000. The company is exempt from an audit, so the figures are unaudited.
The sharp decrease in cash reserves, coupled with the increase in creditors, suggests the company may be burning through money. It's possible that the increase in debtors is a temporary blip, or it could indicate difficulties collecting payments. The sudden surge in fixed assets is a bit puzzling and needs clarification. Overall, while the e-commerce side appears active and well-reviewed, the financials reveal some potential strain.
Registered in England/Wales under the registration number 08200799, with a registered address at NW10 6EU, United Kingdom, London, Studio 34-35, Artistic Spaces 52-56 Standard Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 8 years
-
Resident of United Kingdom
-
Individual
- 12 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Micro company accounts made up to 2024-09-30Download 3 pages pdf report
-
Confirmation statement made on 2024-09-04 with no updatesDownload 3 pages pdf report
-
Unaudited abridged accounts made up to 2023-09-30Download 8 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about Visual Visionary Ltd.
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