Vaseco Holdings Limited

Vaseco Holdings Limited, based in Winsford, UK, is a small, active company founded five years ago. With three employees and £899,933 in assets, it's a family business led by three directors and two owners. The company regularly imports and exports optical and medical tools and devices—19 months of importing and 22 months of exporting activity recorded. It operates within the "other information service activities n.e.c." industry.

The company’s website, Vasco Group Limited, reveals a broader scope: it’s a leading manufacturer, exporter, trader, and supplier of high-quality commodity products from Tanzania, specializing in agro products like Arabica coffee beans, cloves, and maize. It seems the UK-based Vaseco Holdings Limited is a trading arm, facilitating the import and export of these commodities. The website emphasizes quality assurance, fast shipping, and world-class support—hallmarks of a business focused on international trade.

Financially, Vaseco Holdings Limited presents a mixed picture. Cash bank on hand has dramatically decreased by 84%, falling to £140,000. Current assets have increased by 7.6% to £900,000, while net assets remained steady at £1,600,000. Trade debtors have surged by 240%, reaching £24,000—a sign of potential payment delays or expanded credit terms. However, creditors have decreased by 22%, suggesting improved debt management. 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 drop in cash reserves warrants attention. The company is exempt from an audit, so the financial statements are unaudited.

The significant decrease in cash reserves, despite increased current assets, suggests the company may be burning through money faster than it’s bringing it in. It’s possible the increased trade debtors are contributing to this, or perhaps the company is investing heavily in its Tanzanian operations. The steady net assets, however, indicate a solid foundation—but Vaseco Holdings Limited will need to carefully manage its cash flow to ensure long-term sustainability.

Registered in England/Wales under the registration number 12153213, with a registered address at CW7 2JZ, England, Winsford, Cheshire, Bromley House Barlow Drive, Woodford Park Industrial Estate.

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