Verrex Ltd

Verrex Ltd, based in Stourbridge, UK, is a small, active company established 17 years ago. With a single employee and £1,946,175 in assets, it operates from a virtual address, a detail flagged by the presence of 486 other companies registered at the same location. The company is led by two directors and has one owner, though this list may not be exhaustive. Verrex Ltd regularly imports and exports electrical machinery and equipment, with a history of 10 months of import activity and 17 months of export activity.

The company’s website reveals a much larger operation: AV Systems Integration Verrex, a global leader in audio-visual and unified communication systems. Founded in 1947, the company operates offices across the US and internationally, including locations in New York, Boston, Houston, Los Angeles, London, Hong Kong, and Shanghai. It caters to a wide range of clients, offering services from design and integration to managed services and agile workplace solutions. The website highlights the company’s expertise, showcasing success stories, technology partners, and a commitment to innovation.

Financially, Verrex Ltd presents a mixed picture. While cash bank on hand increased significantly by 150% to £310,000, current assets remained steady at £1,900,000. However, debtors decreased by 10% to £1,600,000, and net current assets liabilities also remained steady. Trade creditors decreased by 61% to £4,500, suggesting improved debt management. A notable increase in other debtors by 61% to £98,000 may indicate expanding credit terms or delayed customer payments. The company's small size—meeting two of three conditions for being classified as small—helps it maintain agility, but the fluctuating debtor and creditor numbers warrant close monitoring. The company is exempt from an audit, so the numbers are unaudited.

Registered in England/Wales under the registration number 06522222, with a registered address at DY8 1LU, United Kingdom, Stourbridge, West Midlands, 15-17 Church Street.

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