Vetroseal Limited

Vetroseal Ltd, based in Bedford, UK, is a small, active company celebrating 25 years in business. Founded on April 20, 2000, it employs 50 people and holds £2,254,969 in assets. The company operates from a virtual address – registered at 11 Monoux Road, Wootton, where 33 companies are registered – and is led by two directors and one owner. It boasts a stellar 5.0 Google rating from 21 reviews. Vetroseal is an irregular importer, primarily dealing with optical and medical tools and devices, with its last import activity recorded one month ago in July 2022.

The company's website, while not providing extensive details, indicates that Vetroseal operates within the glazing industries. It seems to be a business-to-business operation rather than an e-commerce site, focusing on providing services and potentially supplying materials rather than direct retail. There’s no obvious online store or consumer-facing features.

Financially, Vetroseal Ltd presents a mixed picture. While current assets increased by 5.1% to £2,300,000, net assets rose by a more substantial 14% to £2,100,000. However, bank borrowings surged by a significant 100% to zero, and cash reserves increased by 3900% to £230,000. Trade debtors decreased by 5.5% to £1,100,000, suggesting improved collection efforts. The company’s small size – meeting two of three criteria for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) – allows for flexibility. However, the large increase in cash reserves could indicate a period of reduced investment or a build-up of funds. The company’s accounts are unaudited, likely due to its status as a small entity.

The significant increase in cash reserves, alongside the decrease in bank borrowings, suggests a period of financial stability. However, the company’s reliance on irregular imports and the lack of detailed online presence could pose challenges in the long term. The company’s financial stability is good, but it’s important to note that the company’s accounts are unaudited.

Registered in England/Wales under the registration number 03978078, with a registered address at MK43 9JR, Bedford, 11 Monoux Road, Wootton.

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