Vegapalm Limited

Vegapalm Ltd from Bournemouth UK is a small, active company founded 45 years ago, in 1979. It employs just four people and holds £785,334 in assets, boasting a perfect 5.0 Google rating from 20 reviews. The company is run by one director and owner, and operates from a real address with only one other company registered there. It’s a regular importer of plastics and plastic products, with 7 months of import activity recorded, the last being July 2024.

The company operates in the other retail sale in non-specialised stores industries. It’s a small company as it met two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. It’s website is not available.

Financially, Vegapalm Ltd seems to be in a stable position. Current assets increased by 11%, reaching £790,000, while net assets grew by 8%, settling at £1.6 million. Cash reserves saw a significant boost, rising 20% to £600,000. However, trade debtors decreased by 17%, suggesting slower customer payments. Creditors increased by 18%, and bank borrowings are up too. The company’s fixed assets also grew by 9.7%, and investment property saw a 9.8% increase. There's no auditor mentioned, likely due to its small size and exemption from an audit. The company’s financial statements are unaudited.

Overall, Vegapalm Ltd appears to be a well-established, financially healthy company. The increase in assets and cash reserves suggests a period of growth, though the decrease in trade debtors warrants monitoring.

Registered in England/Wales under the registration number 01434293, with a registered address at BH11 8NX, Bournemouth, Unit 5 Francis Avenue.

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