Vixelli Limited

Vixelli Ltd from London UK: a small holding company with an active status, was founded 16 years ago. It employs seven people and holds assets worth £4,246,182. The company has a real address, two directors, and one owner. It's a regular importer of meat and edible meat offal, having imported for 375 months.

The company operates within the wholesale meat market, acting as a tenant at Smithfield Market – the largest wholesale meat market in the UK. Smithfield Market itself is a historic location, with a livestock market existing on the site for over 800 years, and is housed in two Grade II listed buildings. The website highlights the market's modern facilities for receiving, storing, and dispatching meats.

Financially, Vixelli Ltd's picture is mixed. While current assets decreased by 5.4% to £4.2 million, cash reserves fell by a significant 58% to £590,000. Bank borrowings are non-existent, but trade debtors have fallen by a substantial 56%, suggesting a possible shift in payment terms or a decrease in sales. Creditors have also decreased by 54%, which could be a positive sign of improved debt management. Equity increased by 19%, reaching £3.6 million, but the company’s net loss increased by 77% to £570,000. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the increased losses are a cause for concern. The company’s auditor is Hampden, and the accounts are audited.

The substantial decrease in cash reserves, alongside the increased losses, suggests Vixelli Ltd might be burning through money faster than it’s generating revenue. However, the decrease in debtors and creditors indicates a potential for improved financial control. The company’s position within Smithfield Market provides a stable base, but the financial data suggests it needs to carefully manage its expenses and revenue streams to ensure long-term sustainability.

Registered in England/Wales under the registration number 06840031, with a registered address at EC1A 9PQ, London, 14 London Central Markets.

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