Vetro Tooling Limited

Vetro Tooling Ltd from Basildon UK: small company, active status, founded 27 years ago, 10 employees, £1,032,852 assets, real address, 4 directors, 1 owner. Regular importer of stone, plaster, cement, and similar material products (84 months imported). Regular exporter of stone, plaster, cement, and similar material products (58 months exported). Vetro Tooling Ltd operates as a wholesale supplier of machine tools and consumables, catering to both the glass and stone processing industries. It’s a small, established company, having been around for nearly three decades, and currently employs ten people. The business maintains a real address and is managed by four directors, with one owner, David John Charles Lithauer, at the helm.

The company’s website showcases a diverse range of products, from abrasives and diamond blades to CNC tooling and lifting equipment. While primarily focused on wholesale, the site also features a section for “Glass Tooling” and “Stone Tooling,” indicating a specialized focus. It's clear that Vetro Tooling isn's a purely e-commerce operation, but rather a business that likely serves customers through a combination of online presence and direct sales. The website highlights a commitment to customer service, with a dedicated help desk and a focus on providing technical advice.

Financially, Vetro Tooling Ltd’s recent performance presents a mixed picture. Assets have increased by 24% to £1,000,000, a positive sign. However, cash reserves have fallen significantly by 57% to £80,000. Bank borrowings have surged dramatically, increasing by 2400% to £270,000 – a concerning trend that suggests the company may be relying more on credit. Creditors have also risen by 48%, indicating increased short-term liabilities. Despite these challenges, debtors have increased by 21%, which could be a sign of growing sales. The company’s small size—meeting two of three criteria for being considered small—helps it remain agile, but the increase in debt warrants closer attention. No auditor is mentioned, which is common for small, exempt companies.

Overall, Vetro Tooling Ltd appears to be a stable, long-standing business navigating the typical pressures of growth. While the surge in borrowing is a point of concern, the company’s established presence and specialized product range suggest it has the potential to weather these challenges.

Registered in England/Wales under the registration number 03481422, with a registered address at SS15 6TP, England, Basildon, Unit 10 Westmayne Industrial Park Bramston Way, Laindon.

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