Vivid Contracts Ltd

Vivid Contracts Ltd, based in Woodham, Buckinghamshire, is a small, active company founded ten years ago in 2015. With £64,736 in assets and a real registered address, it’s run by two directors and two owners. The company operates in the electrical installation, plumbing, heat and air-conditioning installation, other building completion and finishing, and retail sale via mail order houses or via internet industries. It’s a small operation, meeting two of three criteria for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company is an irregular importer of leather goods, travel bags, and animal harnesses, with just two months of import activity recorded as of November 1, 2021. It’s also an irregular exporter of clothing and accessories, not knitted or crocheted, with two months of export activity as of June 1, 2022. The company’s website is currently unavailable, so it’s difficult to determine the extent of its e-commerce presence.

Financially, Vivid Contracts Ltd shows some concerning trends. Accumulated depreciation increased by 28%, suggesting increased wear and tear on equipment, while cash bank on hand grew by 13% to £21,000. However, creditors remained steady at £280,000, and current assets decreased by 4% to £65,000. Perhaps most worrying is the decline in equity, which fell by 9.3% to £11,000. Trade debtors, or money owed by customers, plummeted by 50%, which could indicate difficulties collecting payments, or a deliberate shift to cash sales. The company’s small size and lack of employees (zero reported) keeps overheads low, but the drop in equity raises questions about its long-term financial stability. As a small company, it’s exempt from an audit, so the figures rely on unaudited director-reported data.

In short, Vivid Contracts Ltd appears to be facing some financial pressures, despite its active trading status and small size. The company’s future will likely depend on its ability to manage its debts and improve its profitability.

Registered in England/Wales under the registration number 09394659, with a registered address at HP18 0QJ, England, Woodham, Buckinghamshire, Unit 2, Lodge Yard, Kingswood.

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