Zenvalley Ltd
- Small
- Active
- 3 years
- 1 employee
- £4,844 (assets)
- Virtual address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Zenvalley Ltd is a small, active company based in London, UK, founded three years ago in June 2021. It’s a solo venture, run by a single director and owner, Desprez Raphael, with just one employee. The company holds £4,844 in assets and operates from a virtual address shared by 5630 other companies, which is a little odd. Zenvalley Ltd’s primary business is retail sale via mail order houses or via internet, specializing in CBD products—though it currently isn’s offering them.
The company's website, Zen Valley CBD, initially presented a range of Vermont-grown, veteran-owned CBD products, including capsules, oil, edibles, soaps, and topicals. However, a prominent notice now states that they are no longer offering CBD products, apologizing for the inconvenience. The site also highlights the company’s commitment to quality, with Certificates of Analysis available and a focus on CBD education. The website also mentions a partnership with Lamoille Valley Extraction Solutions Ltd, suggesting a broader network within the CBD industry.
Financially, Zenvalley Ltd’s situation is a little concerning. Current assets have plummeted 52% to just £4,800, while net assets have decreased by 53% to -£5,000. Cash reserves have also taken a hit, falling 19% to £4,100. Trade debtors have vanished completely, and creditors have dropped dramatically, which is a positive sign. Property, plant, and equipment have also seen a significant reduction, though this could be due to depreciation. The company’s small size (meeting two of three criteria for a small company) means it’s exempt from an audit, so the figures are unaudited.
Overall, Zenvalley Ltd appears to be struggling. The sudden cessation of CBD product sales, coupled with declining financial metrics, suggests a difficult period. While the company’s veteran-owned and Vermont-grown branding initially held promise, it’s unclear whether it can recover from this setback.
Registered in England/Wales under the registration number 13450567, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street, Covent Garden.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Desprez Raphael
- 3 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Desprez Raphael
- 3 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-06-30Download 7 pages pdf report
-
Director's details changed for Mr Raphael Desprez on 2024-09-04Download 2 pages pdf report
-
Registered office address changed from 161 Drummond Street London NW1 2PB United Kingdom to 71-75 Shelton Street Covent Garden London WC2H 9JQ on 2024-09-04Download 1 page pdf report
FAQ about Zenvalley Ltd
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