Vac-con Ltd

Vac-Con Ltd is a small, active company based in Skegness, UK, founded four years ago in 2020. With eleven employees and £2,347,446 in assets, it’s a family-run business operating from a real address. Two directors and two owners are at the helm, managing a company that imports machinery, boilers, and mechanical appliances, with a regular import stream spanning six months, the latest in February 2025. The company’s website highlights its specialization in suction excavator renovation, offering refurbishment, sales, and mobile servicing.

Vac-Con Ltd caters to the construction and mining industries, offering a range of services from repairing existing excavators to selling new and used units, and providing parts and maintenance. The website showcases a comprehensive inventory of parts and equipment, emphasizing its expertise in restoring and maintaining suction excavators. It’s clear they’re aiming to be a one-stop shop for this specialized equipment.

Financially, Vac-Con Ltd presents a mixed picture. While bank cash increased by 64% to £66,000, net assets grew by a significant 42% to £400,000. However, creditors have surged by 42%, reaching £2.2 million. The number of employees has increased by 45%, reaching sixteen, which is a good sign for growth, but it also means higher payroll expenses. Accumulated depreciation on property, plant, and equipment has also increased, reflecting the age of the company’s assets. The company’s small size (meeting two of three conditions for a small company) means it’s exempt from an audit, and the figures are unaudited. Amounts owed to group undertakings have increased dramatically, reaching £320,000, which is something to keep an eye on.

Overall, Vac-Con Ltd seems to be growing, but the increase in liabilities suggests it’s financing that growth with debt. Whether this is sustainable in the long run remains to be seen, but their focus on a niche market and their reputation for expertise could help them weather any financial storms.

Registered in England/Wales under the registration number 13084926, with a registered address at PE25 2EL, England, Skegness, Acorn House, 85 Wainfleet Road.

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