Vadatech Ltd.

Vadatech Ltd is a small, active company based in Southampton, UK, founded twelve years ago in 2012. It’s a solo-founded operation with two directors, employing five people and holding assets totaling £6,535,303. The company operates from a real address at Vadatech House Hounsdown Business Park, Bulls Copse Road, Totton. Vadatech Ltd regularly imports electrical machinery and equipment—a consistent activity spanning 224 months, with the latest import occurring in October 2024—and occasionally exports the same equipment, with three months of export activity recorded as of December 2022.

The company’s website is currently unavailable, making it difficult to determine the specifics of its operations beyond the import/export activities. However, the company description indicates involvement in wholesale of electronic and telecommunications equipment and parts, information technology consultancy activities, and other engineering activities.

Financially, Vadatech Ltd shows a mixed picture. Current assets decreased by 4.1% to £6,500,000, while net assets fell 6.4% to £7,900,000. Cash bank on hand, however, increased significantly by 83%, reaching £850,000. Trade debtors plummeted by 66%, indicating improved collection of payments, while creditors rose 79%. Borrowings also increased, rising by 120%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it is exempt from an audit, and the figures are unaudited.

Overall, Vadatech Ltd appears to be navigating a period of change. While its import and export activities remain consistent, the decline in assets and increase in borrowings suggests a need for careful financial management. The company’s reliance on a solo founder, Karamooz Saeed, could also present a risk—although the presence of two directors provides some degree of oversight.

Registered in England/Wales under the registration number 08124461, with a registered address at SO40 9LR, England, Southampton, Vadatech House Hounsdown Business Park, Bulls Copse Road, Totton.

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