Viking Extrusions Limited

Viking Extrusions Limited, based in Worthing, UK, is a small, active company established 33 years ago. With 24 employees and £1,190,558 in assets, it's a well-established player in its sector. The company boasts a real address, is overseen by five directors, and has one owner, Vernon Peter Charles. It regularly imports plastics and plastic products (13 months) and exports rubber and rubber products (158 months), indicating a diverse supply chain.

The company's website showcases a focus on silicone extrusion and rubber products. They manufacture a wide range of items, including silicone rubber profiles, tubing, and gaskets, catering to industries like civil engineering, aerospace, automotive, and even LED lighting. They don’t appear to be primarily an e-commerce business, but rather a manufacturer and supplier, likely working with businesses on bespoke orders. The site highlights manufacturing capabilities, quality assurance (ISO 9001 and ISO 14001 certified), and a commitment to customer service. They even offer 3D printing and compression moulding services, alongside more traditional extrusion techniques.

Financially, Viking Extrusions Limited presents a mixed picture. While cash reserves increased by a healthy 53% to £380,000, net assets declined by 4.3% to £1.6 million. Bank borrowings remained relatively stable, though a portion of that was a decrease in non-financial instruments. Trade debtors increased significantly by 20%, suggesting a potential need to manage customer payments more effectively. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the drop in equity is something to keep an eye on. The company’s accounts are unaudited, as is typical for small entities, so the figures rely on internal reporting.

Overall, Viking Extrusions Limited seems to be a stable, albeit slightly challenged, business. Their focus on specialized rubber and silicone products, combined with their ISO certifications, positions them well in their niche. However, managing trade receivables and maintaining a healthy equity base will be key to their continued success.

Registered in England/Wales under the registration number 02634482, with a registered address at BN14 8BX, England, Worthing, Unit 4 Ivy Arch Road.

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