Danvac Ltd

Danvac Ltd from Shrewsbury, UK, is a small, active company founded 20 years ago. With six employees and £186,682 in assets, it's a solo-founded operation managed by three directors. The company regularly imports machinery, boilers, and mechanical appliances parts—a consistent 54-month activity—with the latest import occurring in February 2025. It also exports these same items, though less frequently, with just two months of export activity recorded as of November 2023.

Danvac’s website showcases its role as a supplier of vacuum lifting equipment, parts, and services. They work with a range of manufacturers, including Aerolift, Eurotech, and Street Crane, offering everything from equipment sales and servicing to training and consultancy. The site highlights their experience in handling materials like steel, glass, concrete, and wood, and even features a collaboration with Dutch experts GlassHandling Holland. They also offer piano restoration services, which is a different venture.

Financially, Danvac Ltd’s report reveals some interesting trends. Accumulated depreciation increased by 21%, reflecting investment in property and equipment. Bank borrowings decreased by 41%, a positive sign, and cash reserves increased by a significant 130% to £48,000. However, creditors also decreased by 4.6%, and net assets rose by 36%, which could indicate a need for more investment. 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 flexibility, but the increase in future minimum lease payments by 400% suggests a commitment to long-term operations. The report doesn't mention an auditor, likely due to its status as a small company. Overall, Danvac Ltd appears to be financially stable, but it’s important to monitor its debt levels and future investments.

Registered in England/Wales under the registration number 05265989, with a registered address at SY1 3TG, United Kingdom, Shrewsbury, Shropshire, 19f Vanguard Way, Battlefield Enterprise Park.

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