Vardar Systems Limited
- Small
- Holding
- Active
- 14 years
- 5 employees
- £345,535 (assets)
- Virtual address
- 2 directors
- 2 owners
- Irregular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Vardar Systems Ltd, based in Gloucester, UK, is a small holding company with an active status, having been incorporated fourteen years ago in December 2010. Employing five people, the company holds assets valued at £345,535, but operates from a virtual address – a detail highlighted by the fact that 307 companies are registered at the same location. The company is overseen by two directors and owned by two individuals, though the list of owners changed a year ago and isn’t exhaustive.
Vardar Systems functions as both an importer and exporter, though with differing frequencies. It’s an irregular importer of machinery, boilers, and mechanical appliances; parts, with just two months of import activity recorded, the latest being February 2025. Conversely, it’s a regular exporter of the same goods, with twelve months of export activity, the last operation taking place in December 2024. The company operates in the engineering related scientific and technical consulting activities industries.
The financial picture reveals some concerning trends. While net assets decreased by 34%, dropping to £150,000, bank borrowings increased dramatically by 86%, reaching £4,000. Cash reserves also declined, falling to £2,000. Trade debtors, however, decreased by 62%, suggesting improvements in collecting payments. The company’s small size—meeting two of three criteria for being a small company—allows for agility, but the equity decline warrants attention. With no auditor mentioned, the financial statements are unaudited.
Despite the challenges, Vardar Systems Ltd appears to be maintaining its core business of importing and exporting machinery. The company’s virtual address and fluctuating financials suggest a company that is likely to be navigating a complex business environment.
Registered in England/Wales under the registration number 07477803, with a registered address at GL1 2EH, United Kingdom, Gloucester, Gloucestershire, 4th Floor Llanthony Warehouse, The Docks.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 1 year
- 1
- 25%+
- 🇬🇧
Resident of United Kingdom
-
Corporate
- 1 year
- 50%+
- 🇬🇧
Resident of United Kingdom
Managers
-
Individual
- 2 years
- 1
- 🇬🇧
Resident of United Kingdom
-
Individual
- 12 years
- 1
- 🇬🇧
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Confirmation statement made on 2024-12-23 with no updatesDownload 3 pages pdf report
-
Director's details changed for Mr Marcus Rodney Hills on 2024-12-23Download 2 pages pdf report
-
Total exemption full accounts made up to 2024-03-31Download 12 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about Vardar Systems Limited
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