Vanguard Foundry Limited

Vanguard Foundry Ltd from Stourbridge UK: a small, holding company with an active status, has been operating for 41 years. Employing 94 people and holding assets of £2,960,122, the company has a real address, two directors, and one owner. It’s a regular importer of machinery, boilers, and mechanical appliances; parts (17 months imported), and a regular exporter of the same (108 months exported).

The company, founded in 1983, specialises in the casting of iron and steel, offering services from rapid prototyping to full production runs. Its website highlights expertise in high-quality, technically challenging castings, catering to sectors like turbocharging, diesel engine machinery, marine, defence, agricultural, and general engineering. They even offer a rapid prototyping service, utilising 3D sand printing to deliver castings in as little as two weeks. Vanguard Foundry also provides on-site 3D scanning services and boasts a design for value service, supporting customers throughout the manufacturing process. They hold ISO 90012015 and DNV approvals, offering project management services for both prototype and production projects.

Financially, Vanguard Foundry Ltd shows some concerning trends. Current assets have decreased by 16%, dropping to £3,000,000, while net assets have increased by 35%, reaching £1,100,000. Bank borrowings have disappeared entirely, a positive sign, but cash reserves have fallen by 45%, leaving just £61,000. Trade debtors have also declined significantly, by 24%, suggesting a more cautious approach to credit. Creditors have decreased by 16%, which is a good sign. 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 flexible, but the drop in cash reserves warrants attention. No auditor is mentioned, which is common for small companies.

Overall, Vanguard Foundry Ltd appears to be navigating a period of change. While it maintains a strong reputation for quality and technical expertise, the financial data suggests a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 01743426, with a registered address at DY9 7AW, Stourbridge, West Midlands, Bott Lane, Lye.

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