Verve Media Ltd

Verve Media Ltd from London UK: small company, holding company, active status, founded 4 years ago, 17 employees, £697,789 assets, real address, 1 director, 4 owners, google rating 5.0 based on 2 reviews. Irregular importer of machinery, boilers, and mechanical appliances; parts (2 months imported). Verve Media Ltd is a small holding company operating in London, UK. Established four years ago, it employs 17 people and holds assets valued at £697,789. The company’s status is active, and it boasts a perfect 5.0-star Google rating based on two reviews. It's an irregular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, totaling 2 months of imports. The last import operation was conducted on September 01, 2023.

The company operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £700,000.

Looking at the company's financial performance, there's a mixed picture. Property, plant, and equipment have seen a significant increase, up 110%, suggesting investment in assets. However, cash reserves have also increased substantially, by 720%, to £63,000. Bank borrowings have risen, increasing by 350% to £5,800. Creditors have also increased by 25%, to £1.1 million, and trade debtors have risen by 43%, to £630,000. It's worth noting that the company’s net assets have increased by 5.7% to £400,000. The company’s financial statements are unaudited, which is typical for small entities.

The company’s management structure is simple, with one director and four owners. The list of owners was changed one year ago. The company's financials suggest it's in a period of growth and investment, but also facing increased debt. It's likely that the company is reinvesting profits into its operations, but it will be important to monitor its debt levels in the coming months.

Registered in England/Wales under the registration number 12794721, with a registered address at SE15 6NF, England, London, Unit 3, Glengall Business Centre, 43-47 Glengall Road.

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