Team Vacform Limited

Team Vacform Limited is a small, active company founded nineteen years ago in 2005, based in Leeds, UK. With ten employees and £227,276 in assets, it operates from a real address and is managed by five directors, though there are no listed owners. The company has a stellar 5.0 Google rating based on five reviews, and is an irregular importer of plastics and plastic products, with its last import operation recorded one month ago. It’s a small business, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company's website showcases a diverse range of plastic forming services, including vacuum forming, fabrication, CNC machining, and pattern making. It appears to focus on bespoke manufacturing, with examples of work including learning aids for children with disabilities, antenna trays, fan outlets, and even decorative items like yellow stars and rail end caps. The site’s “gallery” section highlights the company’s capabilities, demonstrating its ability to work with various plastics and create custom solutions for a range of applications. It's not a traditional e-commerce site; rather, it serves as a portfolio and contact point for potential clients.

Financially, Team Vacform Limited shows a mixed picture. Cash bank holdings have increased significantly by 280%, jumping to £110,000, which is a positive sign. Current assets have also increased by 48%, reaching £230,000. However, trade debtors have decreased by 14%, suggesting potential issues with customer payments. Equity has seen a substantial increase of 50%, rising to £180,000, and creditors have also increased by 51%. The company’s net losses have not been reported, and the lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Team Vacform Limited seems to be in a stable position, with increased cash reserves and assets. The decrease in debtors is a potential concern, but the overall trend suggests the company is managing its finances reasonably well. It's a small, specialized manufacturer, and its success hinges on its ability to continue providing high-quality, custom plastic forming solutions.

Registered in England/Wales under the registration number 05617312, with a registered address at LS15 8AR, United Kingdom, Leeds, Team Vacform Ltd, Sandleas Way.

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