Vacuum Furnace Solutions Ltd.

Vacuum Furnace Solutions Ltd, based in Wolverhampton, UK, is a small, holding company with an active status. Founded nine years ago in 2015, it employs eleven people and holds £905,695 in assets. The company operates from a virtual address – sixty-five other companies are registered at the same location – and is managed by three directors and one owner. It's an irregular importer, with its top category being machinery, boilers, and mechanical appliances; parts, with the last import activity occurring in August 2024.

The company’s website doesn’t provide much detail, suggesting a business-to-business operation focused on furnace repair services rather than direct consumer sales. It appears to be a private limited company, and the registration details indicate a focus on providing services within England.

Financially, Vacuum Furnace Solutions Ltd presents a mixed picture. Current assets have increased by 13% to £910,000, while cash reserves have also grown by 1.3% to £500,000. However, net losses deepened, and trade debtors decreased significantly. Creditors have also declined, suggesting better debt management. The company's small size—meeting two of three criteria for a small company—helps it remain agile, but the increase in trade debtors could indicate challenges in collecting payments. The company’s bank borrowings have increased by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

The company’s equity has increased by 21%, suggesting a positive trend in retained earnings. Overall, Vacuum Furnace Solutions Ltd seems to be navigating a period of change, with both positive and negative financial signals.

Registered in England/Wales under the registration number 09617696, with a registered address at WV1 4DG, England, Wolverhampton, West Midlands, 34 Waterloo Road.

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