Vitgarden Ltd

Vitgarden Ltd, based in London, UK, is a small, active company founded twelve years ago in 2013. With two employees and £229,593 in assets, it’s a solo-founded operation led by one director and owner. The company regularly imports essential oils and perfumes, with twelve months of import activity recorded, the last in July 2024. It operates in the wholesale of pharmaceutical goods industries.

The company's website showcases a range of products, primarily focusing on high-end furniture and home décor items under the brand "LOCUS." The site features detailed descriptions and pricing for various lounge sets, hides, and other furniture pieces, suggesting a focus on premium, design-led products. It also includes contact information via WhatsApp and email, indicating a direct-to-consumer sales model. There’s a mention of ARTDOM 2025, hinting at a potential collaboration or related brand. The website also has a ZmitroC.by link, which is a Belarus-based company.

Financially, Vitgarden Ltd presents a mixed picture. Cash reserves have decreased by 37% to £36,000, while total inventories have increased by a significant 37% to £120,000. Bank borrowings have also decreased, with an overdraft dropping to zero. However, net assets have fallen by 10% to £82,000. Trade debtors have decreased by 5.4% to £36,000, suggesting improved collection rates. 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 decrease in equity warrants attention. The accounts are unaudited, as the company is exempt.

Overall, Vitgarden Ltd seems to be navigating a period of change. The increased inventory suggests a focus on stocking up, while the decrease in cash raises questions about its ability to manage short-term obligations. The company's success will likely depend on its ability to effectively market its premium product range and maintain strong customer relationships.

Registered in England/Wales under the registration number 08369821, with a registered address at NW2 1HY, England, London, 96 Greenfield Gardens.

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