Viotu Ltd

Viotu Ltd from Bellshill UK is a small, holding company with an active status, founded four years ago. The company employs five people and holds £26,009 in assets. It has a real address and is overseen by three directors and two owners. Viotu Ltd is an irregular importer of optical and medical tools and devices, with just one month of imports recorded in 2022.

The company’s website reveals it’s part of the larger NVT Group, a provider of IT consultancy, managed support, cloud, cyber security, data backup, and connectivity services. NVT Group’s website highlights its expertise in helping businesses navigate digital transformation, with a focus on cybersecurity and data protection. They offer services ranging from IT consultancy to managed support, cloud solutions, and even disaster recovery for data. There’s a lot of content focused on the evolving threat landscape and the importance of XDR technology. They even have a whitepaper about backing up data in Microsoft 365 environments.

Financially, Viotu Ltd’s picture is a little mixed. Current assets have plummeted by a staggering 82%, dropping to just £26,000. This is a big change from the previous year’s £140,000. Bank borrowings have increased, and cash reserves have also decreased. Equity is now negative, with a loss of £71,000. On a brighter note, creditors have decreased slightly, which could indicate better management of short-term debts. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no auditor mentioned, which is common for small companies.

It seems like Viotu Ltd is facing some financial headwinds, despite being part of a larger, seemingly successful IT group. The sharp decline in assets and the negative equity are concerning. It’s possible this is a temporary setback related to import challenges or a shift in business strategy, but it warrants closer monitoring.

Registered in Scotland under the registration number SC694248, with a registered address at ML4 3LW, Scotland, Bellshill, Lanarkshire, N V T Computing Ltd, 4 Earn Avenue, Righead Industrial Estate.

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