Vanguard Holdings Limited

Vanguard Holdings Limited, based in Greenford, UK, is a holding company with an active status, celebrating 60 years since its establishment in 1964. Employing 25 people, the company operates from a virtual address, a point to consider when assessing its physical presence. Three directors and one owner guide the business, which boasts a stellar 5.0 Google rating from four reviews. Vanguard Holdings is an irregular exporter, with its top export categories including Furniture, Lighting, and Prefabricated Buildings, totaling 1 of months exports. The last export operation took place on September 01, 2020.

The company’s website paints a picture of a family-run business with a long history. Originally formed to provide industrial moving and storage services, Vanguard Holdings has evolved, with a particular focus on storage solutions. The website highlights the company’s 50th anniversary, showcasing a legacy of quality service and customer care. A gallery section provides a visual timeline of the company’s milestones, from its early days to its current operations. The website also mentions a separate division, Vanguard Storage Services Limited, which operates from Cambridge and even has a showroom in Harrods, London.

Financially, Vanguard Holdings Limited’s recent report reveals some concerning trends. Accrued liabilities have increased significantly, rising 56% to £730,000, while accumulated amortisation has also increased by 25% to £250,000. Bank borrowings have sharply decreased by 49% to £4.5 million, which could be a positive sign of reduced debt, but cash reserves have also fallen by 25% to £1.1 million. Perhaps the most striking change is the drop in average employees from 25 to 22, a reduction of 12%. The company's turnover is not mentioned, but the report does state that the company’s net assets have increased by 13% to £37 million. The report was audited by Begbies, and the company uses CCH Accounts Production software.

In summary, Vanguard Holdings Limited appears to be navigating a period of change. While its long history and strong Google rating suggest a stable foundation, the decline in cash reserves and employee count warrant closer scrutiny. The company’s diverse operations—from storage services to furniture exports—could present both opportunities and challenges as it continues to evolve.

Registered in England/Wales under the registration number 00814361, with a registered address at UB6 8AA, Greenford, Middlesex, The Vanguard Business Centre Alperton Lane, Off Western Avenue.

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