Vector Supplies Limited

Vector Supplies Ltd, based in Dyce, UK, is a large, holding company with an active status. Founded 38 years ago in 1987, the company employs 14 people and holds assets valued at £6,298,724. It operates from a real address and is overseen by four directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances – parts, with 572 months of import activity recorded, and exports the same items, with 1195 months of export activity.

The company’s website reveals a multifaceted operation. Vector Supplies Ltd operates as an industrial equipment supplier, offering a wide range of products and services from its Aberdeen location. It’s a distributor for brands like Balon, DeWit, Resato, and Vector Shipping Cases, providing equipment for oilfield, energy, and service industries. Services include calibration, repairs, and rentals of testing equipment, with a particular focus on high-pressure testing and air-driven test pumps. The website also highlights a division specializing in piano restoration, a surprising diversification from its core industrial focus.

Financially, Vector Supplies Ltd presents a mixed picture. While turnover increased by 14% to £11 million, net assets grew by a substantial 30% to £3.8 million. However, interest payable surged by a staggering 790%, reaching £50,000, and cash reserves fell 130% to £150,000. Bank borrowings decreased slightly, but remained at £510,000. Creditors decreased by 2.1%, suggesting better debt management. The company meets the criteria for a large company, having turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The company’s accounts were audited by Johnston Carmichael LLP.

Overall, Vector Supplies Ltd appears to be financially stable, with growing revenues and assets. However, the significant increase in interest payable warrants close monitoring, and it’s unclear whether the piano restoration division is contributing positively to the company’s bottom line.

Registered in Scotland under the registration number SC103810, with a registered address at AB21 7GA, Dyce, Aberdeen, Unit 4b, Wellheads Way.

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