Ventilation Direct Limited

Ventilation Direct Ltd from Sheffield UK is a small, active company founded 14 years ago. With 11 employees and £1,748,189 in assets, it operates from a real address and is managed by one director and two owners. The company is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances parts—with recent import activity recorded just two months ago.

The company's core business involves the installation of industrial machinery and equipment, as detailed on its website. While no e-commerce presence is immediately apparent, the site focuses on providing services to industrial clients. It’s a modest operation, meeting the criteria to be classified as small (turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees).

A review of the company’s financial data reveals some interesting trends. Accumulated depreciation for plant machinery increased by 15%, suggesting ongoing investment in equipment. Bank borrowings decreased by 19%, indicating improved debt management. However, cash reserves fell by 12%, and net assets dropped by 8.8%. Creditors also increased, suggesting a reliance on short-term financing. The company’s net losses deepened, but the decrease in bank borrowings is a positive sign. The lack of an auditor mentioned is typical for a small company, and the figures are unaudited.

Overall, Ventilation Direct Ltd appears to be navigating a period of change. While it’s maintaining a steady flow of imports and serving its industrial clientele, the financial data suggests a need to carefully manage cash flow and potentially explore avenues for growth.

Registered in England/Wales under the registration number 07508604, with a registered address at S9 1BG, England, Sheffield, South Yorkshire, Unit 1 Vantage Close.

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