Varlin Storage Limited

Varlin Storage Limited is a small holding company based in Exeter, UK, with an active status. Founded 22 years ago in 2002, it employs seven people and operates from a virtual address – a fact highlighted by the presence of 38 other companies registered at the same location. The company is managed by two directors and has one owner, though the list of owners was changed nine years ago and isn’t exhaustive.

The company specializes in warehousing and storage facilities, particularly for the aviation industry. Its website details a 35-year history of working with airlines and aircraft leasing companies, designing racking and handling systems. While its primary focus is aircraft storage, it has also designed systems for a variety of businesses, including nuclear waste and contact lenses. The website also mentions a division specializing in high-end piano restoration, operating from Cambridge and even having a showroom in Harrods.

Varlin Storage Limited is a regular importer, primarily of aircraft, spacecraft, and their parts, with 10 months of import activity recorded, the last in February 2025. It’s an irregular exporter, with only one month of export activity recorded in August 2023, and its top export category is listed as "None."

Financially, Varlin Storage Limited shows some interesting trends. Accumulated depreciation for Land Buildings increased by 7.3%, while Leasehold Improvements saw a 12.0% rise. Plant Machinery remained steady, but Vehicles increased by 19.0%. Amounts owed to group undertakings jumped significantly, by 170.0%. Cash bank on hand increased slightly, by 1.9%. Creditors rose by 47.0%, and debtors saw a substantial increase of 82.0%. Equity grew by 15.0%, but future minimum lease payments decreased by 75.0%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. The lack of a mentioned auditor suggests it’s exempt as a small company, relying on unaudited statements.

The sharp increase in debtors could indicate delayed customer payments, while the rise in creditors suggests increased borrowing. The company’s financial health is a mixed bag, and it will be interesting to see how it navigates the current economic climate.

Registered in England/Wales under the registration number 04512757, with a registered address at EX2 7XE, United Kingdom, Exeter, Devon, Centenary House Peninsula Park, Rydon Lane.

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