Vivichi Limited

Vivichi Ltd, based in Cheetham Hill, UK, is a small, family-run e-commerce business founded nine years ago. With two employees and £398,703 in assets, it’s an active company led by one director and two owners. The business boasts a perfect 5.0 Google rating from a single review, and operates a website selling women’s and men’s clothing. It imports clothing and accessories that aren’t knitted or crocheted irregularly, with one month of import activity recorded, and regularly exports clothing and accessories made by knitting or crocheting, with four months of export activity.

The company’s website showcases a wide range of clothing, from dresses and tops to outerwear and swimwear, catering to current trends and offering various styles. It features a user-friendly interface, detailed product descriptions, and secure payment options, indicating a focus on providing a seamless online shopping experience. The site also includes a blog with styling tips and fashion advice, further engaging customers and establishing the brand as a fashion authority.

Financially, Vivichi Ltd’s report reveals some concerning trends. While the company is small, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its net assets have decreased by 15%, settling at £370,000. Cash reserves have also declined by 13%, dropping to £320,000. Bank borrowings have seen a dramatic shift, decreasing by 110% to -£2,100, suggesting a reduction in debt. Creditors have also decreased significantly, by 54%, to £24,000. The director remuneration increased to £4,100, and the company's trade debtors decreased by 35%.

Despite the challenges, the company’s strong Google rating and active e-commerce platform suggest a loyal customer base. The decrease in debt is a positive sign, but the decline in cash reserves warrants attention. With no auditor mentioned, the figures are unaudited, and the company’s future hinges on maintaining its online presence and managing its finances effectively.

Registered in England/Wales under the registration number 09996101, with a registered address at M8 8NN, United Kingdom, Cheetham Hill, Unit 2 30 Broughton Street.

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