Vankit (uk) Limited

Vankit (uk) Limited, based in Cambridge, UK, is a small, active company founded 16 years ago. With five employees and £2,724,981 in assets, it operates from a virtual address—a point to note as 21 companies are registered at the same location. The company is led by two directors and has one owner, who is also the solo founder. It boasts a stellar 5.0 Google rating based on 81 reviews, a testament to its customer service. Vankit is a regular importer, specializing in furniture, lighting, and prefabricated buildings, with its last import operation recorded in November 2024.

The company's website showcases a comprehensive range of van racking and storage solutions. It's clearly an e-commerce business, selling kits, shelving, drawers, workbenches, and accessories for commercial vans. They offer bespoke design services, free installation, and even free CAD design—a compelling package for businesses looking to optimize their vehicle storage. The site highlights various van makes and models, demonstrating a wide reach and a commitment to catering to diverse customer needs. They even offer free UK delivery on orders over £50, which is a nice touch.

Financially, Vankit (uk) Limited presents a mixed picture. Cash bank on hand increased significantly by 41% to £2 million, a positive sign of improved liquidity. However, creditors rose by 16% to £340,000, and debtors decreased by 17% to £260,000—suggesting a potential slowdown in customer payments. The company's net assets grew by 25% to £2.4 million, but it's important to note that these are unaudited figures, as the company is exempt from an audit due to its small size. The average number of employees remained constant at five. Depreciation charges for both motor vehicles and plant machinery remained the same, indicating no significant changes in asset usage.

Overall, Vankit (uk) Limited appears to be a healthy, growing business. The strong Google rating and focus on customer service suggest a loyal customer base. While the increase in creditors warrants monitoring, the growth in cash reserves and net assets indicates a solid financial foundation. The company’s niche focus on van racking and storage solutions, coupled with its value-added services, positions it well for continued success.

Registered in England/Wales under the registration number 06810984, with a registered address at CB22 5LD, Cambridge, Mill House Mill Court, Great Shelford.

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