Vpmc Limited

Vpmc Limited, based in London, UK, is a small, active company founded seventeen years ago in 2008. With three employees and £712,482 in assets, it’s a solo-founded operation led by a single director and owner, Oglesby Colin Paul. The company boasts a stellar 5.0 Google rating from nine reviews, indicating high customer satisfaction. Vpmc is an irregular importer, specializing in furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of June 2022.

The company's website showcases a range of building and maintenance services, including refurbishment works, French polishing, fire stopping, and street and station furniture fitouts. It emphasizes delivering high-quality service and competitive pricing, catering to commercial and industrial clients. The website also highlights past projects, including work at Tower Wharf Cafe, Jumeirah Hotel, and 76 stations for GTR, demonstrating a diverse portfolio.

Financially, Vpmc Limited presents a mixed picture. Current assets increased by 25% to £890,000, but net assets decreased by 1.6% to -£160,000. Bank borrowings surged by a staggering 15,000% to £15,000, while cash reserves plummeted 60% to £5,600. Trade debtors decreased significantly by 92%, suggesting better collection practices, but creditors increased by 15% to £1,100,000. 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 decline in equity warrants attention. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

Overall, Vpmc Limited appears to be navigating a period of financial pressure, despite its strong customer reviews and diverse service offerings. The increase in bank borrowings and decrease in equity suggest it’s burning through money, and the company will need to manage its debts carefully to remain solvent. It’s a bit worrying, really.

Registered in England/Wales under the registration number 06464016, with a registered address at E3 4UR, United Kingdom, London, Unit 23 Eleanor Street, Bow Triangle Buisness Centre.

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