Gutter Vacuum Systems Ltd

Gutter Vacuum Systems Ltd from Dereham UK is a small, active company founded seven years ago in 2017. Employing four people, it holds £1,086,749 in assets and operates from a real address. With two directors and two owners – a solo founder – the company runs an e-commerce site and enjoys a stellar 5.0 Google rating based on 292 reviews. It regularly imports electrical machinery and equipment (14 months) and exports it too (4 months).

The company’s website highlights its focus on providing gutter vacuum equipment for both domestic and commercial properties. It offers a range of products, from compact vacuums for smaller jobs to powerful triple-motor machines for reaching higher areas. The site also promotes a variety of accessories, including aerospace aluminium pole sets and carbon fibre kits, catering to professionals seeking to upgrade their equipment. Financing options are available through Oxford Funding Company.

Financially, Gutter Vacuum Systems Ltd shows a mixed picture. Current assets increased by 13%, reaching £1,100,000, while net assets grew by a modest 6.7% to £870,000. However, bank borrowings remained stable, and cash reserves increased by 25% to £320,000. Trade debtors increased significantly, rising by 160%, which could indicate increased sales but also potential payment delays. Creditors also increased by 33%, suggesting the company is leveraging credit to fuel growth. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is typical for companies of this size.

The company’s growth in assets and cash reserves is encouraging, but the rise in trade debtors warrants attention. The company’s focus on high-quality equipment and customer service seems to be paying off, as evidenced by its strong Google rating, but it will be interesting to see if it can maintain this momentum in the coming years.

Registered in England/Wales under the registration number 11021132, with a registered address at NR20 5HN, England, Dereham, 2 Mill Cottage Billingford Road, North Elmham.

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