Vaculug Limited

Vaculug Limited, based in Grantham, UK, is a large, holding company with an active status, having operated for 74 years. Employing 158 people and boasting assets of £26,730,309, the company is a significant player in its sector. It’s a real address, overseen by one director and one owner, and maintains a stellar 5.0 Google rating based on 28 reviews. Regular importer and exporter of rubber and rubber products, with 217 months of import activity and 30 months of export activity recorded.

The company specializes in the manufacture of rubber tyres and tubes, alongside the retreading and rebuilding of rubber tyres. It also provides comprehensive tyre management services. Vaculug's website highlights its expertise in these areas, showcasing a commitment to quality and service. It’s a business deeply rooted in the tyre industry.

Financially, Vaculug Limited presents a mixed picture. While current assets increased by 13%, bank borrowings decreased significantly by 200%, reaching zero—a positive sign. However, net assets decreased by 5.6%, and deferred tax liabilities increased by 380%, indicating potential tax implications. Trade creditors increased by 9.3%, suggesting a need to manage supplier payments. The company’s size (meeting two of three criteria for a large company) provides scale, but the changes in deferred tax and creditors warrant closer attention. The accounts were audited by KLSA LLP.

The decline in net assets, despite increased current assets, could be due to investments in equipment or other long-term assets. The company’s continued import and export activity suggests a robust supply chain and ongoing demand for its products. Overall, Vaculug Limited appears to be a stable, established business, but the financial trends indicate a need for careful monitoring and strategic decision-making.

Registered in England/Wales under the registration number 00488961, with a registered address at NG31 8HE, Grantham, Lincolnshire, Gonerby Road, Gonerby Hill Foot.

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