V A Technology Limited

VA Technology Limited, based in Telford, UK, is a holding company with an active status, having operated for 36 years. Employing 108 people, the company holds assets totaling £18,921,556. With three directors and three owners (though the list may not be exhaustive), it’s a business built on the foundation of a solo founder. A 2.0 Google rating from just seven reviews suggests room for improvement in customer perception. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 63 months of import activity and 167 months of export activity.

The company’s website paints a picture of a technologically advanced manufacturer specializing in the investment casting industry. VA Technology designs, manufactures, installs, and services systems and equipment, focusing on slurry preparation, washing, drying, and robotic automation. They cater to a global clientele, with facilities in the UK, USA, and China, and representatives across Asia and South America. The site emphasizes bespoke solutions, ongoing support, and a commitment to transforming ceramic mold manufacturing.

Financially, VA Technology Limited presents a mixed picture. While cash and cash equivalents increased by a substantial 27%, reaching £2.5 million, net assets declined by 3.6% to £17 million. Creditors have surged by 38%, hitting £5.2 million, and trade debtors have ballooned by 17%, reaching £3.8 million. Bank borrowings have increased significantly, and provisions have decreased. The company’s net losses deepened, and trade payables increased. Despite these challenges, the company’s revenue increased by 200%, and the company’s turnover increased by 100%. The lack of an auditor mentioned suggests the company is exempt as a small company, and the financial statements are unaudited.

It appears VA Technology is navigating a period of growth and investment, but the rise in debt and the decline in net assets suggest potential financial pressures. The company’s focus on specialized equipment and global reach, however, positions it well to capitalize on the demand for advanced manufacturing solutions.

Registered in England/Wales under the registration number 02316924, with a registered address at TF7 4QW, Telford, Shropshire, V A Technology Limited, Halesfield 9.

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