Vacuum And Atmosphere Services Ltd

Vacuum And Atmosphere Services Ltd from Smethwick UK: small company, holding company, active status, founded 25 years ago, 34 employees, £1,790,058 assets, real address, 2 directors, 1 owner, google rating 5.0 based on 6 reviews. Regular importer of machinery, boilers, and mechanical appliances; parts (110 months imported). Regular exporter of electrical machinery and equipment (42 months exported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the other business support service activities n.e.c. industries.

Vacuum And Atmosphere Services Ltd specialises in furnace repair and related services, offering a comprehensive range of products and services for the heat treatment industry. The company's website details a wide array of offerings, from new furnace sales and reconditioned units to maintenance, repairs, and spare parts. They even provide calibration services and energy-saving solutions. It's clear they're not a typical e-commerce business; instead, their website functions as a detailed catalog and information hub for a specialized industrial sector. The site’s structure suggests a business-to-business model, targeting industrial clients rather than individual consumers.

Financially, the company’s recent performance shows some mixed signals. While assets remain relatively stable at £1,790,058, net assets have fallen significantly by 17%, dropping to £770,000. Cash reserves have plummeted by a staggering 96%, leaving just £28,000 on hand. Bank borrowings have also increased, reaching £270,000, and trade debtors have risen by 7.1%. On the positive side, creditors decreased by 18%, indicating improved debt management. The number of employees increased slightly, from 34 to 37, suggesting a growing demand for their services. The company's small size helps it stay agile, but the sharp equity drop and low cash reserves raise concerns about its financial health. With no auditor mentioned, the figures rely on unaudited statements.

The company’s focus on specialized equipment and services, combined with its strong Google rating, suggests a loyal customer base. However, the recent financial trends indicate a need for careful management to ensure long-term sustainability. The rise in bank borrowings and the decline in cash reserves could be a sign of increased investment in the business, but it also presents a risk.

Registered in England/Wales under the registration number 03978696, with a registered address at B75 7BU, United Kingdom, Sutton Coldfield, Birmingham, Unit 8b Reddicap Trading Estate.

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