V B Blind Systems Ltd

Vb Blind Systems Ltd from Ballymena UK: a small, active company founded 20 years ago, employs 55 people, and holds £1,816,134 in assets. With a real address, three directors, and two owners, it maintains a stellar 5.0 Google rating based on 242 reviews. It’s a regular importer of aluminum and aluminum products, with 12 months of import activity recorded.

The company operates in the retail sector, specializing in the sale of new goods through specialized stores. Its website is minimal, suggesting a focus on direct sales or trade rather than a robust e-commerce presence. It’s unclear if they have an online store, but their focus seems to be on business-to-business sales, rather than a consumer-facing website.

Financially, Vb Blind Systems Ltd presents a mixed picture. While current assets decreased by 3.5% to £1,800,000, net assets increased by 4.5% to £1,600,000. Bank borrowings decreased by 20%, which is good, and cash reserves increased by 320% to £120,000. Creditors decreased by 62%, which is a positive sign. The company’s small size—meeting two of three conditions for a small company—allows for flexibility, but the changes in liabilities suggest they’re managing their debts effectively. There's no mention of an auditor, which is typical for small, exempt companies.

The company’s reliance on imports, particularly aluminum, could be a vulnerability given global supply chain fluctuations. However, its strong Google rating and established presence in Ballymena suggest a loyal customer base. The increase in cash reserves is encouraging, but it’s important to monitor their liabilities and ensure they maintain a healthy balance sheet.

Registered in Northern Ireland under the registration number NI054587, with a registered address at BT42 3HB, Ballymena, County Antrim, 10 Pennybridge Industrial Estate.

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