Valvworx Ltd.

Valvworx Ltd, based in Warrington, UK, is a small, active company founded two years ago. With four employees and £70,544 in assets, it’s a family-run business with four directors and owners. The company operates as an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances; parts, with its last import activity occurring in June 2024. It also functions as an agent specializing in the sale of other particular products.

The company’s website highlights its focus on maintenance, repair, and supply of industrial valves. Valvworx positions itself as a forward-thinking company with 80 years of collective experience in the industry, aiming to provide solutions for valve breakdowns and offer advice on valve selection and maintenance. Case studies on the website showcase cost-saving solutions, such as specifying a less expensive, standard butterfly valve instead of a more costly, over-specified one. The company also emphasizes preventative maintenance to avoid costly failures and offers services like relief valve approval and ISO 9001 certification. It’s registered with Ariba Supply Chain and operates from a 4,000 sqft workshop.

Financially, Valvworx Ltd presents a mixed picture. Accumulated depreciation on plant machinery increased to £6,900, and total depreciation rose to £7,000. Cash bank on hand remained steady at £34,000, but creditors increased to £220,000. Net assets and liabilities both sit at -£57,000. Trade debtors are at £37,000, and current assets are £71,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, relying on unaudited financial statements. The increase in creditors suggests a need to manage debt effectively, and the negative equity could be a concern. However, the company’s focus on specialized services and its commitment to quality, as evidenced by its certifications, could help it navigate these challenges.

Registered in England/Wales under the registration number 14782250, with a registered address at WA5 0LW, England, Warrington, Cheshire, Unit B Hoyle Point, Hoyle Street.

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