Swiss Vans Limited

Swiss Vans Ltd, based in Bridgend, UK, is a small, active company founded fifteen years ago. With twelve employees and £2,058,787 in assets, it operates from a real address and is managed by two directors and owners. The company boasts a stellar 5.0 Google rating based on 263 reviews, and regularly imports electrical machinery and equipment—most recently in July 2017.

The company’s website showcases a van lease and sales business, catering to both individuals and commercial clients. It offers a wide range of vehicles, from small vans to crew vans and electric models, alongside customisation options like leather splitters and alloy wheels. The site emphasizes expert van lease solutions and a commitment to providing value for money. It even has a section dedicated to modifications, suggesting a focus on bespoke vehicle builds.

Financially, Swiss Vans Ltd's recent report reveals some interesting trends. While current assets increased by 37% to £2,100,000, bank cash reserves dropped significantly—a 55% decrease to £270,000. Trade debtors fell by a substantial 64%, which could indicate improved cash collection, but also a reduction in sales. Creditors, however, have risen sharply—a 140% increase to £530,000—potentially reflecting increased reliance on supplier credit. The company’s size—meeting two of three criteria for a small company—allows for agility, but the decline in cash reserves warrants attention. Property, plant, and equipment have also seen a significant decrease, with motor vehicles experiencing a 66% reduction. The company is exempt from an audit, so the numbers are unaudited.

The rise in finance lease liabilities—a 260% increase—suggests the company is increasingly leveraging debt to fund its operations, which is something to keep an eye on. Overall, Swiss Vans Ltd appears to be navigating a period of change, with both opportunities and challenges ahead.

Registered in England/Wales under the registration number 07170662, with a registered address at CF35 5LJ, Wales, Bridgend, 2nd Floor, 31 Old Field Road, Bocam Park, Pencoed.

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