Varese-secure Ltd

Varese Secure Ltd from Southampton UK: a small, active company founded nine years ago, employs three people, and holds £484,505 in assets. It’s a real address with two directors and one owner, and boasts a perfect 5.0 Google rating from a single review. The company regularly imports furniture, lighting, and prefabricated buildings (11 months of imports), and exports machinery, boilers, and mechanical appliances (30 months of exports).

The company’s website, Varese Secure, focuses on data elimination services, positioning itself as “The World Leader in Data Elimination.” It offers degaussers and destroyers for obsolete hard drives, catering to businesses needing secure data disposal. The site details various models, from compact units to the powerful TS4XTE, and emphasizes compliance with regulations like GDPR. Rental options are available, and the company serves industries like finance, medical, and data centers. The website also highlights a partnership with Digi Studios, part of the Digi Toolbox Group, for design and development.

Financially, Varese Secure Ltd shows a mixed bag. Cash bank on hand increased significantly by 71%, reaching £390,000, which is a positive sign. However, corporation tax payable jumped by a massive 130%, reaching £45,000, and accrued liabilities remained constant at £2,000. Debtors decreased by nearly 50%, falling to £67,000, while creditors also dropped considerably, reaching £58,000. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the rise in corporation tax payable suggests potential challenges. With no auditor mentioned, the financial statements are unaudited.

Overall, Varese Secure Ltd appears to be a stable, niche business, but the increase in tax payable is something to keep an eye on. The company’s focus on data security and compliance positions it well in a growing market, and the strong cash position provides a buffer against short-term pressures.

Registered in England/Wales under the registration number 09698519, with a registered address at SO31 7ED, England, Southampton, Hampshire, 1 Post Office House, 184 Bridge Road.

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