Vlpg Venture Ltd

Vlpg Venture Ltd, based in London, UK, is a small, active company founded two years ago. With 18 employees and £536,242 in assets, it operates from a real address and is managed by two directors and a single owner. The company is a regular importer of iron or steel products, having imported for 16 months, with the latest import in February 2025. It’s also an irregular exporter, having exported iron or steel products for just one month, with the last export in August 2024.

The company’s website reveals a focus on stretch film distribution within the UK. Operating from a 17,000 sq ft warehouse in Leicester, Vlpg Venture Ltd acts as a representative for Deriblok S.p.a., a major European producer, aiming to develop the stretch film business and provide expert knowledge to customers. The website highlights the film’s high-tech production process, emphasizing its superior mechanical properties, tear resistance, and elastic retention power. It also emphasizes environmentally friendly production, partnering with a producer holding certifications like ISO 9001 and ISO 14001.

Financially, Vlpg Venture Ltd presents a mixed picture. Cash reserves have dramatically fallen by 92%, dropping to just £15,000, while bank borrowings have decreased by 15%, settling at £510,000. Current assets have also declined by 14%, reaching £540,000. However, creditors have increased by 6.7%, now standing at £1.2 million. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the sharp decline in cash and equity (a 140% increase to -£690,000) suggests potential financial strain. Accumulated amortisation and depreciation have increased significantly, but it’s unclear if this is a one-off adjustment or a recurring trend. The company’s unaudited financial statements, as is typical for small entities, rely on director-reported data.

Registered in England/Wales under the registration number 14247717, with a registered address at EC4N 1TX, England, London, 5th Floor Aldermary House 10-15 Queen Street, C/O Pirola Pennuto Zei & Associati Ltd.

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