Victor Products Ltd

Victor Products Ltd, based in South Shields, UK, is a large, holding company with an active status. Founded seventeen years ago in 08 March 2008, the company employs fourteen people and holds assets valued at £2,557,874. It operates from a real address and is overseen by two directors and one owner. While an irregular importer (none imported in the last month), Victor Products Ltd is a regular exporter of electrical machinery and equipment, having exported for 122 months.

The company specializes in the design and manufacture of electrical connectors and LED lighting for the global mining and tunnelling industry, positioning itself as the world’s leading manufacturer. Its website highlights a long history (over 90 years) and a global presence, with facilities in Europe and South Africa, and a network of distributors worldwide. It offers a comprehensive range of products, including restrained connectors, bolted connectors, half couplers, lighting, and cable glands, catering to voltages up to 11,000V and currents up to 750A. The company is a wholly-owned subsidiary of the Federal Signal Corporation of Chicago, USA.

Financially, Victor Products Ltd shows a mixed picture. While turnover increased by 33% to £2,300,000, net assets rose by 16% to £1,700,000. However, cash reserves decreased by 11% to £1,100,000, and bank borrowings increased by 43% to £130,000. Staff costs decreased by 7.2% to £710,000. Creditors decreased by 16%, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) allows it to remain competitive. The company’s auditor is Azets Audit Services. The figures are audited, which is reassuring. It’s clear that the company is doing well, but it’s important to keep an eye on cash flow.

Registered in England/Wales under the registration number 06531201, with a registered address at NE33 5SQ, England, South Shields, Tyne And Wear, Unit 3a Tyne Dock East Side, Port Of Tyne.

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