Vollebak Ltd

Vollebak Ltd, a London-based family business, operates as a small company with an active status. Founded sixteen years ago in 2008, it employs thirty people and holds assets totaling £8,392,319. The company, with two directors and three owners, regularly imports and exports clothing and accessories, specifically items not knitted or crocheted—nineteen months of imports and seventy-one months of exports recorded. It has a real address, and the business is described as a manufacturer of other men’s outerwear.

The company’s website, Vollebak, showcases a unique approach to clothing design, focusing on futuristic and durable garments. It's clearly an e-commerce operation, selling directly to consumers through its website. Products range from the “Full Metal Jacket” (available in copper and silver editions) to the “100 Year Hoodie,” emphasizing extreme durability and cutting-edge materials like graphene and Dyneema. The website features a "Materials Lab" section, highlighting the science behind its designs and even includes a "V Prize" competition to encourage innovation. It’s clear that Vollebak isn's just selling clothes; it’s selling a vision of the future of apparel.

Financially, Vollebak Ltd shows some concerning trends. While current assets rose by 21% to £8,400,000, net assets plummeted 94% to just £340,000—a significant drop. Bank borrowings surged by 200%, reaching £29,000, and cash reserves fell 28% to £900,000. Creditors increased by 150%, suggesting potential cash flow challenges. 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 agility, but the sharp equity decline raises questions about its long-term sustainability. There’s no auditor mentioned, so the figures rely on unaudited statements.

The increased reliance on debt, combined with the decrease in equity, suggests Vollebak may be burning through cash to fund its ambitious product development and marketing efforts. It’s possible the company is investing heavily in new materials and technologies, which can be costly. The surge in creditors also indicates a need to manage supplier relationships more effectively. Despite these challenges, Vollebak’s unique brand and focus on innovation could position it for future success, provided it can manage its finances and maintain its distinctive appeal.

Registered in England/Wales under the registration number 06673160, with a registered address at WC1X 8BH, England, London, 356 - 364 Gray's Inn Road.

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