Vigor Doors Limited

Vigor Doors Ltd from Southall UK: a small, active company founded six years ago, employs 21 people, and holds £1,083,491 in assets. It’s a real address with two directors and one owner, currently sporting a 3.0 Google rating based on just two reviews. The company is an irregular importer, bringing in paper and paperboard products for about one month, with the last import occurring in November 2024.

The company operates in the manufacture of other builders' carpentry and joinery industries. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The website, vigor-doors.co.uk, showcases a range of doors and door hardware, suggesting a focus on supplying builders and joiners. It doesn't appear to be a full-blown e-commerce site, but rather a brochure-style presentation of products.

Looking at the financials, Vigor Doors Ltd shows some concerning trends. Accumulated depreciation on property, plant, and equipment has increased significantly, jumping 61% to £16,000. Cash bank on hand has plummeted a staggering 100% to just £110, while creditors have risen 63% to £240,000. Bank borrowings, however, have decreased 22% to £18,000. Trade debtors have increased by 23%, which could indicate difficulties in collecting payments. The company’s net assets have increased 17% to £190,000.

The sharp decline in cash reserves and the rise in creditors suggest the company may be burning through money. While the increase in trade debtors could be a temporary blip, it’s something to keep an eye on. The lack of an auditor mentioned (likely exempt as a small company) means the financial data isn’t independently verified. Overall, Vigor Doors Ltd seems to be facing some financial pressures, though its small size allows for flexibility.

Registered in England/Wales under the registration number 11892199, with a registered address at UB2 4AB, England, Southall, Greater London, Unit E2 Middlesex Business Centre, Bridge Road.

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