Viking Arms Limited

Viking Arms Ltd, based in Harrogate, UK, is a large, active company with a rich history spanning 59 years. Employing 22 people, the firm boasts significant assets of £8,022,055 and generates a yearly revenue of £15,389,899. With a real address and a Google rating of 5.0 (based on five reviews), Viking Arms operates as a distributor of firearms, ammunition, optics, and accessories, regularly importing and exporting these goods. The company is managed by three directors and owned by two individuals, Samantha Macarthur and Mavis Brown.

Viking Arms operates through two distinct divisions: Sporting and Defence. Their website highlights a commitment to quality, service, and trust, showcasing a wide range of products catering to both recreational and professional users. They even have a presence in London's Harrods, with their piano restoration division.

Financially, Viking Arms demonstrates a mixed picture. While cash reserves increased by a substantial 120%, reaching £3,000,000, net assets still dropped by 39% to £6,300,000. Creditors decreased by a considerable 68%, which is a positive sign, but trade debtors increased significantly by 890%, suggesting potential issues with customer payments. Bank borrowings also increased, reaching £29,000. The company’s large size (meeting two of three criteria for a large company) suggests a robust operation, but the decline in equity and increased debt warrants closer attention. The company’s accounts were audited by DSC Accountants Ltd.

The rise in administrative expenses by 21% could be a result of increased operational costs, while the drop in deferred tax assets might reflect changes in tax legislation. Overall, Viking Arms appears to be navigating a complex financial landscape, balancing growth with managing its liabilities.

Registered in England/Wales under the registration number 00865793, with a registered address at HG3 4BW, United Kingdom, Harrogate, North Yorkshire, Units 1-4 Summerbridge.

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