Valvesource Ltd

Valvesource Ltd from Bury St. Edmunds, UK, is a small, active company founded fifteen years ago in 2009. Employing eight people, the business holds £1,912,871 in assets and operates from a virtual address, a detail that’s a little unusual given that 174 companies are registered at the same location. Two directors and two owners manage the company, although the list of owners changed nine years ago. Valvesource is a regular importer and exporter of machinery, boilers, and mechanical appliances; parts, with 191 months of import activity and 181 months of export activity recorded.

The company’s website reveals Valvesource Ltd to be an industrial valve stockist in Suffolk, specializing in high-quality valves for various industries including oil, gas, petrochemical, and water treatment. It operates as a major international distributor and is the sole UK agent for several brands, including LVF SpA, Fluval, Saxon, and Lazaro Ituarte. Valvesource supplies both manual and actuated valves and can procure job-specific requirements on factory deliveries. The website highlights a commitment to top-quality products, competitive prices, and excellent customer service.

Financially, Valvesource Ltd shows a mixed picture. Current assets decreased by 18% to £1,900,000, while net assets remained steady at £1,500,000. Bank borrowings increased by 2400%, reaching £29,000, and cash reserves fell 8.4% to £820,000. Creditors decreased by 50%, suggesting improved debt management. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s financial data also shows a sharp decrease in accrued liabilities, suggesting better financial instrument management, but also a significant rise in corporation tax payable, which could be a cause for concern. Overall, Valvesource Ltd appears to be navigating a period of change, with both opportunities and challenges ahead.

Registered in England/Wales under the registration number 07019381, with a registered address at IP31 2QR, England, Bury St. Edmunds, 8 Manor Park Church Road, Great Barton.

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