V-tes Limited
- Active
- Small
- Holding
- 13 years
- 7 employees
- £270,867 (cur assets)
- 0-1m
- Irregular importer
- Real address
- 2 directors
- 3 owners
- Inverurie
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
V-Tes Limited, based in Inverurie, Scotland, is a small, active holding company established twelve years ago in 2012. Employing six people and holding £308,225 in assets, it operates from a real address shared by just two other companies. The company is led by two directors and owned by Pier Solutions International Ltd, a change made a year ago. V-Tes Limited is an irregular importer, specializing in optical and medical tools and devices, with its last import operation occurring one year ago.
The company’s core business is providing specialist electrical engineering services to the renewables industry, both on and offshore. Its website highlights expertise in high voltage (HV), fibre optics, switchgear, and rope access. Services include HV termination and testing, switchgear maintenance, and hazardous area electrical equipment accreditation. The company also offers electrical design solutions, commissioning, and training, often working with Nexan-qualified field service engineers.
Financially, V-Tes Limited shows a mixed picture. Current assets have fallen by 46% to £310,000, while net assets have plummeted 160% to £63,000. Bank borrowings have decreased by 37%, and cash reserves have dropped 66% to £13,000. Creditors have decreased by 37%, suggesting better debt management, but the significant equity drop raises questions. The company meets two of the three conditions to be considered a small company, with turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, and the financial statements are unaudited.
The company's financial performance suggests a period of adjustment, perhaps reflecting the challenges of the renewable energy sector. While the company's expertise and services appear to be in demand, the decline in equity and cash reserves warrants close monitoring.
Registered in Scotland under the registration number SC433495, with a registered address at AB51 5NR, Scotland, Inverurie, Aberdeenshire, Unit 16 Kirkwood Commercial Park.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 11 months
- 9
- 25%+
-
Resident of United Kingdom
-
Corporate
- 1 year
- 4
- 75%+
-
Resident of United Kingdom
-
Individual
- 1 year
- 6
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 1 year
- 4
-
Resident of United Kingdom
-
Individual
- 1 year
- 6
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
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Total exemption full accounts made up to 2024-12-31Download 8 pages pdf report
-
Notification of Harold Douglas Ewen Salvesen as a person with significant control on 2025-03-25Download 2 pages pdf report
-
Notification of Jordan Nathan Ferguson as a person with significant control on 2024-05-16Download 2 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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