Vfm Coatings Limited

Vfm Coatings Ltd, based in Heckmondwike, UK, is a small, active company established sixteen years ago in 2008. With fifteen employees and £1,305,635 in assets, it operates from a real address and is led by two directors and a solo founder. The company regularly imports plastics and plastic products (31 months) and exports tanning and dyeing products (3 months).

Vfm Textured Coatings specialises in external wall repairs and spray-applied wall coatings, offering services like damp treatment and render repair. It serves both residential and commercial clients, guaranteeing its work for up to 15 years. The company covers London, the home counties, and the rest of the UK, and has a perfect 5.0 Google rating.

Financially, Vfm Coatings Ltd’s picture is mixed. Current assets have increased by 34% to £1,300,000, while net assets have increased by 84% to £63,000. Bank borrowings have increased by 80% to £580,000, and cash reserves have decreased by 1.5% to £500,000. Trade debtors have increased by 110%, suggesting a possible increase in sales or extended credit terms. Creditors have decreased by 1.1%, indicating improved debt management. The company meets two of three criteria for being a small company, and no auditor is mentioned.

The significant increase in bank borrowings, despite the growth in assets, suggests the company may be investing heavily in its operations or facing increased working capital needs. It's possible that the increase in trade debtors is a result of this investment, and the company is working to manage its cash flow effectively.

Registered in England/Wales under the registration number 06736445, with a registered address at WF16 0PS, Heckmondwike, West Yorkshire, Walkley Mills, Spen Vale Street.

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