Vr Entertainment Ltd

Vr Entertainment Ltd, based in London, UK, is a small, active company founded four years ago in 2020. With 74 employees and £1,171,250 in assets, it operates from a real address and is overseen by four directors and one owner. The company regularly imports toys, games, and sports equipment, with the latest import activity recorded in February 01, 2025.

Vr Entertainment Ltd positions itself as an “innovation company,” focusing on disrupting the consumer products industry. Its website highlights a blend of technology, innovation, pop culture, and toyetic play, aiming to engage consumers with “clever experiences.” The company offers products for sale and provides support, including instructions and contact information. It seems to be operating as an e-commerce business, selling its products online.

Financially, Vr Entertainment Ltd’s report paints a mixed picture. While current assets increased by 50%, net assets declined by a significant 660%, dropping to -£1,500,000—a concerning trend. Bank borrowings surged by 290%, reaching £800,000, and cash reserves fell 70% to £170,000. Creditors increased by 35%, suggesting potential challenges in managing short-term liabilities. 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 warrants attention. No auditor is mentioned, likely due to the company's exemption as a small entity, meaning the figures are unaudited.

The company's average number of employees increased dramatically, rising 290% to 74—a significant expansion that could be driving up costs. The increase in bank borrowings suggests the company is relying on external funding to support its operations. While the company’s innovative approach and online presence are promising, the financial data indicates a company burning through cash and needing to carefully manage its expenses.

Registered in England/Wales under the registration number 12973683, with a registered address at WC1A 1PB, England, London, Sandbox Vr, 101 Museum Street.

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