Vartec Epc Limited

Vartec Epc Limited, based in Kington, UK, is a small, active company founded four years ago in 2021. It holds £18,600 in assets and operates from a virtual address shared by ninety-one other companies, suggesting a potentially cost-effective setup. Run by a single director and owner – a solo founder – the company is engaged in the construction of utility projects for electricity and telecommunications industries. It’s an irregular importer, with its top import category being Electrical machinery and equipment, totaling one month of imports as of December 2024.

The company’s website, Vartec, showcases its expertise in utility project construction, emphasizing its commitment to delivering reliable and efficient solutions. While the website doesn't explicitly detail e-commerce activities, it primarily functions as an informational platform for potential clients and partners. It’s clear they aren’t selling directly to consumers.

Financially, Vartec Epc Limited presents a concerning picture. Cash reserves have plummeted 82%, dropping to just £13,000, while current assets have fallen 74% to £19,000. Trade debtors have exploded by 710%, reaching £5,900, suggesting difficulties collecting payments. Equity has also suffered a dramatic 100% decline, settling at just £1. Creditors have increased by 36% to £19,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity and cash is worrying. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

In short, Vartec Epc Limited appears to be struggling financially. While the company's core business—utility construction—may be sound, the financial data indicates a company burning through money. The significant increase in debtors suggests cash flow problems, and the dramatic drop in equity raises serious questions about the company's long-term viability.

Registered in England/Wales under the registration number 13330182, with a registered address at HR5 3DJ, United Kingdom, Kington, 61a Bridge Street.

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