Forvac Services Ltd

Forvac Services Ltd, based in Scunthorpe, UK, is a small, active holding company founded nineteen years ago. Employing just four people, the company holds £351,255 in assets and operates from a real address on Mercia Way. With three directors and one owner, it maintains a perfect 5.0 Google rating based on a single review. The company is an irregular importer, with its last import operation occurring over two years ago in September 2022, and its top import category being none.

Forvac Services Ltd specializes in heavy industrial vacuum specialists, building machines in Britain. Its website highlights a range of industrial vacuum machines, pipe duct systems, and related services, catering to diverse industries. The company offers portable, fixed, and central vacuum solutions, emphasizing design, installation, and comprehensive support. It also provides vacuum refurbishment and low-cost spares, targeting cost-conscious industries.

Financially, Forvac Services Ltd exhibits some interesting trends. While cash reserves increased by 12% to £200,000, current assets only grew modestly by 5.1% to £350,000. Trade debtors have taken a hit, dropping by 24% to £81,000. On the positive side, creditors decreased by 25%, suggesting improved debt management. The company’s small size—meeting two of three conditions for a small company—allows for agility. Plant machinery has seen a significant decrease of 55%, dropping to £24,000. The lack of an auditor mentioned (likely exempt due to its size) means the figures are unaudited. It's clear that the company has been investing in its plant machinery, which could be a good sign for the future.

Registered in England/Wales under the registration number 05765562, with a registered address at DN15 8RE, Scunthorpe, South Humberside, F8 Mercia Way, Foxhills Industrial Estate.

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