Vikinggenetics Uk Ltd

Vikinggenetics Uk Ltd from Taunton UK is a small, active company founded eight years ago in 2016. Employing ten people, it holds £640,780 in assets, but operates from a virtual address – ninety two other companies are registered at the same location. The company is led by four directors, and surprisingly, no owners are officially listed. It’s a regular importer, bringing in miscellaneous manufactured goods for the last four months, with the most recent import occurring in October 2024.

The company’s core business revolves around supporting animal production, specifically offering services beyond farm animal boarding and care. Its website showcases a global operation focused on innovative cattle breeding, offering a range of products and solutions including genomic testing, mating plans, and semen from various breeds like VikingRed and VikingHolstein. It’s clear they are targeting progressive dairy and beef producers worldwide, emphasizing data-driven farming and sustainable practices. The website also highlights customer success stories and showcases the company’s commitment to reducing methane emissions and breeding climate-friendly cows.

Financially, Vikinggenetics Uk Ltd shows a mixed picture. Current assets have decreased by 14% to £640,000, while net assets have fallen by 43% to £9,900. Bank borrowings have increased by 2,400% to £29,000, and cash reserves have fallen 32% to £120,000. Trade creditors have decreased by 72%, suggesting improved debt management. 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 agility, but the equity decline is a concern. The accounts are unaudited, a common occurrence for small companies.

It seems Vikinggenetics Uk Ltd is navigating a period of financial pressure, despite its global reach and innovative approach to cattle breeding. The company’s focus on sustainability and data-driven solutions could be a key differentiator in the long run, but managing its financial health will be crucial for its continued success.

Registered in England/Wales under the registration number 10518975, with a registered address at TA1 3FB, England, Taunton, Somerset, Suite 106 Viney Court, Viney Street.

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