Ventilation Warehouse (europe) Ltd

Ventilation Warehouse Europe Ltd, based in Burntwood, UK, is a small, active company founded seven years ago. Employing twelve people and holding assets of £1,295,029, the business operates from a real address and is overseen by three directors and three owners. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances – parts, with the most recent import activity occurring just two months ago in March 2024.

The company’s website paints a picture of a comprehensive ventilation solutions provider. It functions as a wholesaler, distributing Kenlock ductwork and a wide range of ventilation products from various quality manufacturers. Beyond retail, Ventilation Warehouse has expanded into a group, acquiring Allvent Limited, a business with a 40-year heritage. They also offer services like fan and AHU supply, damper distribution, and even restoration of pianos. The website highlights a fresh start, a unified brand, and a commitment to quality and customer service.

Financially, Ventilation Warehouse Europe Ltd presents a mixed bag. While cash bank on hand increased by 47% to £110,000, current assets remained relatively flat. However, there's a significant downturn in other areas. Trade creditors decreased by 14%, which is good, but bank borrowings surged by 55%, reaching £260,000. Perhaps most concerning is the drop in fixed assets, declining by 18% to £310,000. The company’s small size—meeting two of three criteria for being classified as small—allows for agility, but the increase in debt and decrease in fixed assets suggest potential financial pressure. No auditor is mentioned, which is typical for a small, exempt company, so the figures are unaudited. It seems like the company is burning through cash a little, but the expansion into a larger group could be a strategy to improve long-term stability.

Registered in England/Wales under the registration number 11327777, with a registered address at WS7 3JQ, England, Burntwood, Unit 5a&B Zone 2 Ring Road, Burntwood Business Park.

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