Vectawave Technology Limited

Vectawave Technology Ltd from Newport UK: a small, active company founded 27 years ago, employs 26 people, and holds £2,662,345 in assets. With a real address and three directors, it’s a solo-founded operation with a Google rating of 4.0 based on two reviews. The company regularly imports and exports electrical machinery and equipment, with 36 months of import activity and 71 months of export activity.

Vectawave’s website highlights its role as a designer and manufacturer of solid-state RF microwave amplifiers. They offer a wide range of amplifiers, from 10kHz to 6GHz, with power levels up to 4kW. The site also features news updates about employee training, department expansions, and team achievements—a nice touch. There’s a handy amplifier lookup table and a clear call to action: “Why not get in touch?” The site's design is functional, but not particularly modern, suggesting a focus on engineering rather than marketing. It's clear they aren't running an e-commerce site, but rather focusing on B2B sales and custom orders.

Financially, Vectawave shows a mixed picture. Current assets increased by 5.2% to £2,700,000, while net assets also grew by 9.9% to £2,500,000. However, trade debtors dropped significantly, falling 57% to £470,000—a concerning trend that could indicate payment difficulties with customers. Cash reserves increased by 80% to £1,000,000, which is a positive sign. Creditors decreased by 24% to £260,000, suggesting better 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) helps it stay nimble. There’s no auditor mentioned, likely due to its status as a small company, so the figures are unaudited.

Overall, Vectawave seems to be holding its own, with a strong foundation in engineering and a growing asset base. The decrease in trade debtors is something to watch, but the company's long history and consistent export activity suggest a resilient business model.

Registered in England/Wales under the registration number 03434858, with a registered address at PO30 5XW, Newport, Isle Of Wight, Unit D The Apex, St. Cross Business Park, Monks Brook.

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