710 Vacs Limited

710 Vacs Limited, based in Dundee, UK, is a small, active company founded ten years ago in 2015. Employing just four people, it holds £404,289 in assets and operates from a real address in the West Gourdie Industrial Estate. With one director and two owners, the company maintains a respectable Google rating of 4.0 based on three reviews. It’s a regular importer of electrical machinery and equipment, with recent activity recorded four months ago.

The company's website is currently suspended, indicating a potential issue with its online presence. This could be a temporary glitch or a more serious problem. It's difficult to say without further investigation.

Financially, 710 Vacs Limited presents a mixed picture. While its small size (meeting two of three criteria for a small company) offers agility, recent trends are concerning. Net assets have plummeted by a significant 36%, reaching -£560,000, and cash reserves have fallen 32% to £3,400. Bank borrowings have increased by 8.5% to £41,000, and net current assets have decreased by 84%, leaving just £8,200. Creditors have also risen, though at a more moderate 3.6%. It's worth noting that the company's equity is negative, suggesting it's burning through cash faster than it's generating revenue. The increase in trade debtors, by 22%, could indicate difficulties in collecting payments, or perhaps a deliberate strategy to offer more credit to customers. The increase in other taxation and social security payable, by a staggering 220%, is also a cause for concern. The company is exempt from an audit, so the figures are unaudited.

In conclusion, 710 Vacs Limited appears to be facing financial headwinds. While its small size and import activity suggest ongoing operations, the negative equity and declining cash reserves raise questions about its long-term viability. The suspended website adds another layer of uncertainty.

Registered in Scotland under the registration number SC495459, with a registered address at DD2 4UH, Scotland, Dundee, Suite 8, Eco House Nobel Road, West Gourdie Industrial Estate.

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