Value Engineering Limited

Value Engineering Limited, based in Salisbury, UK, is a small holding company with an active status, established eighteen years ago in 2006. The company, with just three employees, holds £574,170 in assets. It operates from a virtual address, registered at St Mary’s House, Netherhampton, which is shared by 311 other companies, and is managed by four directors and one owner. The company is a regular importer, specializing in electrical machinery and equipment, with recent import activity recorded as of April 2024.

The company's operations center around the repair of other equipment, a niche industry that requires specialized skills and expertise. While no dedicated website exists, the company's profile reveals a focus on providing repair services. The company is 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.

Financially, Value Engineering Limited presents a mixed picture. Current assets have increased by 77% to £570,000, while net assets have plummeted 61% to £45,000. Bank borrowings have increased by 130%, reaching £470,000, and cash reserves have fallen 160% to £250,000. Creditors have increased by 110%, suggesting a reliance on short-term financing. Trade debtors have decreased by 34%, indicating improved collection practices. The company's small size and exemption from an audit (likely due to being a small company) mean the figures are unaudited.

The sharp decline in equity is a concerning trend, potentially reflecting increased operating expenses or investments in new equipment. The company's reliance on short-term financing and the increase in bank borrowings could also signal financial strain. However, the increase in current assets suggests the company is generating revenue, and the decrease in trade debtors indicates improved cash flow management. It's likely that the company is experiencing a period of rapid growth and expansion, which is putting a strain on its finances.

Registered in England/Wales under the registration number 05830805, with a registered address at SP2 8PU, United Kingdom, Salisbury, Wiltshire, St Mary's House, Netherhampton.

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