Vac Innovation Limited

Vac Innovation Ltd, based in Hinckley, UK, is a small holding company with an active status, having been founded twenty years ago. The company employs thirteen people and holds assets totaling £4,409,999. With three directors and three owners, it operates from a real address and regularly imports and exports plastics and plastic products—fifty-five months of import activity and 163 months of export activity recorded.

The company's website showcases a range of vacuum bagging process materials and ancillary products for the composite and glass laminating industries. It's clear that Vac Innovation operates primarily as a wholesale supplier, offering technical solutions at competitive prices. The site highlights vendor stock management, a dedicated fleet, and outstanding support, indicating a customer-focused approach. Recent news includes the appointment of new leadership and the acquisition by Maceplast UK, part of the Guarniflon Group—changes that likely signal a period of transition and growth.

Financially, Vac Innovation Ltd presents a mixed picture. While cash bank holdings increased significantly by 27% to £2,300,000, current assets only rose slightly to £4,400,000. Trade debtors decreased by 7.6% to £690,000, which is good, but creditors dropped by a substantial 51% to £210,000—a potentially concerning trend. Plant and machinery decreased by 25%, and net assets increased by 6.4% to £4,100,000. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decrease in plant and machinery could be a sign of reduced investment or asset disposals. No auditor is mentioned, consistent with its status as a small, exempt company. It's worth noting that the company's financial data is unaudited.

Registered in England/Wales under the registration number 05340177, with a registered address at LE10 1YG, England, Hinckley, Leicestershire, Vacro House, Wheatfield Way.

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