Cvc Direct Ltd
- Small
- Active
- 39 years
- 14 employees
- £549,443 (assets)
- Virtual address
- 2 directors
- 2 owners
- Regular importer
- Solo founder
- Rating 4.0 (6)
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
Phones
Summary
Cvc Direct Ltd, based in Witney, UK, is a small, active company founded 39 years ago in 1985. With 14 employees and £549,443 in assets, it operates from a virtual address – 75 other companies registered at the same location – and is led by two directors and owners, with a solo founder at its core. The company has a respectable Google rating of 4.0 based on six reviews. Cvc Direct Ltd regularly imports iron or steel products, with 14 months of import activity recorded, the last in February 2025.
The company’s website highlights its expertise in ventilation systems, particularly for Passivhaus constructions. Cvc Direct Ltd positions itself as a leading supplier and installer, offering bespoke design and quote services, national installation teams, and acting as the UK supplier of Brink Climate Systems. The website details a range of products including ventilation ducting, air source heat pumps, and heating and cooling solutions, alongside a knowledge base and blog. It’s clear they’re targeting a niche market focused on energy-efficient homes.
Financially, Cvc Direct Ltd presents a mixed picture. While average employee numbers increased by 14%, cash bank holdings dropped significantly by 71% to £21,000. Current assets also decreased by 1.5% to £550,000, and net assets declined by 5.8% to £120,000. Trade debtors rose by 5.1%, suggesting a potential increase in outstanding payments, while creditors increased by 22%. Borrowings have also increased, which could be to support growth or cover operating costs. The company meets the criteria for a small company – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees – and, as such, is exempt from an audit.
The decline in cash reserves and net assets, coupled with increased borrowings, suggests Cvc Direct Ltd might be burning through cash faster than it’s generating it. However, the company’s focus on a specialized market and its strong supplier relationships could provide a buffer against broader economic pressures. It’s worth noting that the financial statements are unaudited, so a more detailed review would be needed to fully assess the company’s financial health.
Registered in England/Wales under the registration number 01969992, with a registered address at OX28 4BE, England, Witney, First Floor 1 Des Roches Square, Witan Way.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 5 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 5 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 5 years
-
Resident of United Kingdom
-
Individual
- 5 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
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Total exemption full accounts made up to 2024-05-31Download 10 pages pdf report
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Registration of charge 019699920001, created on 2025-02-17Download 9 pages pdf report
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Confirmation statement made on 2024-07-10 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Cvc Direct Ltd
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