Vetheon Ltd

Vetheon Ltd, based in Stoke-On-Trent, UK, is a small, active company established 14 years ago. With £40,396 in assets and a yearly revenue of £15,375, it’s a modest operation run by two directors and a single owner, Hammond Robert James. The company, located at a real address, operates in the machining industries and is an irregular importer of aluminum and aluminum products, with just two months of import activity recorded as of May 2022.

Vetheon’s website highlights its specialization in all aspects of mechanical engineering, offering services from manufacturing experimental parts to producing threaded studs. It emphasizes lean manufacturing strategies and aims to provide quality, service, and competitive costs to customers. The company’s location provides easy access to the motorway network, and its website provides contact information and details about its services.

Financially, Vetheon Ltd shows some concerning trends. While cash bank on hand increased by 22% to £39,000, net assets decreased by 13% to £32,000. Turnover revenue fell by 11% to £15,000, and net losses deepened to -£3,300. Trade debtors decreased significantly by 75%, while creditors increased by a whopping 1700% to £7,700. The lack of employees (zero reported) suggests a lean operation, but the significant increase in creditors and decrease in equity raise questions about its financial health. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

It seems Vetheon is facing some financial pressures, despite its focus on quality and customer service. Whether it can sustain its operations and navigate these challenges remains to be seen.

Registered in England/Wales under the registration number 07478905, with a registered address at ST7 3PH, Stoke-On-Trent, 42 Castle Road, Mow Cop.

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