Vending Sense Group Limited

Vending Sense Group Ltd from Hoddesdon UK: a small, active company founded nine years ago, employs 22 people, and holds £1,201,140 in assets. It has a real address, three directors, and two owners, boasting a solid Google rating of 4.0 based on 60 reviews. The company is an irregular importer, primarily dealing with electrical machinery and equipment, with its last import operation occurring just one month ago in May 2024.

The company operates in the wholesale of coffee, tea, cocoa and spices, and also provides financial leasing services. It’s a small business, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. Its website, while not providing detailed e-commerce functionality, highlights its core business: supplying vending machine solutions. It appears to be a B2B operation, focused on providing equipment and services rather than direct consumer sales.

Financially, Vending Sense Group Ltd shows some concerning trends. While cash reserves increased by a substantial 230% to £600,000, bank borrowings have surged by 200% to £100,000. Creditors have also risen significantly, increasing by 55% to £990,000. Trade debtors have decreased by 18%, which could indicate improved collection efforts, but the overall increase in liabilities raises questions. The company's fixed assets have grown by 35% to £200,000, suggesting investment in equipment, but the increase in liabilities may be a sign of needing to fund this growth. The company’s net assets have increased by 18% to £170,000. As a small company, it is exempt from an audit, so these figures are unaudited. The company’s directors are Bridge Russell, Marra Salvatore Antonio, and Todd Mason, while the owners are Marra Salvatore Antonio and Todd Mason.

Registered in England/Wales under the registration number 10175680, with a registered address at EN11 0EX, United Kingdom, Hoddesdon, Hertfordshire, Unit 4 Maple Park, Essex Road.

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