Vertex R.a.s. Ltd.

Vertex Ras Ltd, based in Arbroath, UK, is a small, active company established 29 years ago. Employing 29 people, it holds £4,219,718 in assets and operates from a real address within the Kirkton Industrial Estate. With three directors and one owner, the company maintains a stellar 5.0 Google rating based on 13 reviews. Vertex Ras is an irregular importer, primarily dealing with paper and paperboard products, with its last import activity recorded over four years ago in December 2018.

The company’s website is minimal, offering little insight into its operations beyond a basic contact form. It appears Vertex Ras operates in the “other business support service activities n.e.c.” industries, suggesting a broad range of services, but the lack of a detailed online presence makes it difficult to ascertain its precise activities.

Financially, Vertex Ras Ltd presents a mixed picture. Current assets decreased by 1.6% to £4,200,000, while net assets increased by 3.2% to £1,300,000. Bank borrowings decreased significantly by 42%, down to £62,000, and cash reserves plummeted 83%, leaving just £6,500. Creditors decreased by 17%, suggesting improved debt management, but the sharp drop in cash reserves is a cause for concern. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

Overall, Vertex Ras Ltd seems to be navigating a period of financial adjustment. While it maintains a strong Google rating and operates from a real address, the decline in cash reserves warrants attention. The company’s irregular import history and broad business description add to the complexity of its financial picture, and it’s unclear if the business is burning through money or if it’s a natural fluctuation.

Registered in Scotland under the registration number SC160720, with a registered address at DD11 3RD, Arbroath, Angus, Sir William Smith Road, Kirkton Industrial Estate.

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