Laboratory Vacuum Services Limited

Laboratory Vacuum Services Ltd, based in Littlehampton, UK, is a small, active company founded twelve years ago. With three employees and £91,714 in assets, it operates from a virtual address shared by thirty-one other companies, a detail that raises some eyebrows. The business is led by two directors and owned by Willis Angus Richard Eric, and boasts a perfect 5.0 Google rating based on a single review. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with its last import activity recorded one month ago.

The company’s website showcases a comprehensive service and parts business for vacuum pumps. It offers repair services, fixed-price servicing, bespoke repairs, on-site services, and contract servicing. It also sells accessories, spare parts for various brands (AlcatelAdixen, Edwards, Fisher, etc.), and refurbished pumps. A dedicated “Resources” section provides training videos, maintenance tips, schematics, and MSDS documents, demonstrating a commitment to customer support and technical expertise. The website’s structure suggests a business focused on B2B services rather than direct-to-consumer e-commerce.

Financially, Laboratory Vacuum Services Ltd shows a mixed picture. Current assets have decreased by 13%, dropping to £92,000, while net assets have fallen by a more significant 44%, settling at £15,000. Bank borrowings have also decreased by 9%, reaching £65,000. Cash reserves have fallen by 12%, to £61,000. Trade debtors have dropped by 15%, which could indicate better collection practices, but the decline in net assets is concerning. The company meets two of the three criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it’s likely exempt from an audit, relying on unaudited financial statements. The decrease in equity suggests the company is burning through cash, or has made a large investment, but more information would be needed to determine the exact cause.

Registered in England/Wales under the registration number 08362042, with a registered address at BN16 3BZ, Littlehampton, West Sussex, 2/4 Ash Lane, Rustington.

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