Vital 3d Ltd

Vital 3D Ltd from Portsmouth UK: a small, active company founded eight years ago, operates from a real address and is led by two directors and one owner. It runs an e-commerce site and irregularly imports plastics and plastic products, with just one month of import activity recorded as of February 2023. The company is a small business, meeting two of three conditions: turnover under £10.2 million, balance sheet under £5.1 million, and fewer than 50 employees.

The company’s website, Vital3D, is a comprehensive online store specializing in 3D printing materials. It offers a wide range of filaments from brands like Fiberlogy, FormFutura, and Polymaker, catering to various applications—engineering, functional, and general. Beyond filaments, it sells resins, accessories, tools, and even offers 3D printing and CAD modeling services. The site’s layout is well-organized, with easy-to-navigate categories and a search function. It's clear that Vital 3D is focused on serving the 3D printing community, offering both products and expertise.

Financially, Vital 3D Ltd’s recent report shows some concerning trends. While assets remain at £5,900, net assets have plummeted by 100% to -£180, a significant drop. Cash reserves are also down 100% to zero. Trade debtors remain steady at £300, but creditors have increased slightly to £480. The company’s small size (meeting two of three conditions) helps with agility, but the sharp decline in equity suggests potential financial strain. No auditor is mentioned, meaning the figures are unaudited. It's likely that the company is burning through cash to grow its business, but the lack of reserves is a cause for concern. The directors, Major Adhanom and Gebrekidan Zebib, will need to carefully manage expenses and secure funding to ensure long-term viability.

Registered in England/Wales under the registration number 10544816, with a registered address at PO2 7EZ, Portsmouth, 1 Hercules Street.

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