Vipond Fire Protection Limited

Vipond Fire Protection Ltd, based in East Kilbride, UK, is a well-established company with a 50-year history, currently employing 126 people. Holding company status and an active trading status, the company boasts significant assets of £11,495,881. With four directors and one owner, it operates from a real address and maintains a 3.0-star Google rating based on six reviews. The company regularly exports optical and medical tools and devices, with the last export operation recorded four months ago.

Vipond Fire Protection specializes in fire protection services, offering solutions like sprinkler systems, detection and alarm systems, gas suppression, and fire extinguishers. It caters to a wide range of sectors, including commercial, retail, industrial, and residential. The company’s website highlights its commitment to providing comprehensive fire safety solutions, including installation, service, maintenance, and training. It’s a member of BAFSA and holds various certifications, demonstrating its adherence to industry standards.

Financially, Vipond Fire Protection’s report presents a mixed picture. While current assets remain relatively stable at £11,495,881, net assets have seen a significant decrease of 18%, falling to £11,000,000. Bank borrowings have increased by a substantial 450%, reaching £11,000,000, and cash reserves have declined by 96%, leaving just £180,000. Trade debtors have also increased by 8.3%, suggesting potential issues with customer payments. The company meets the criteria to be considered a large company, having turnover more than £36 million, balance sheet total more than £18 million, and employees more than 250. With no auditor mentioned, the financial statements are unaudited.

Despite the financial pressures, Vipond Fire Protection’s long history, established certifications, and diverse service offerings suggest a resilient business. The company’s focus on providing comprehensive fire safety solutions and its commitment to meeting industry standards position it well for continued success. It’s clear the business is undergoing some changes, with the hiving up of trade, assets and liabilities into Chubb Fire and Security Limited on January 1, 2023.

Registered in Scotland under the registration number SC057058, with a registered address at G75 0RA, East Kilbride, 10/12 Glenfield Road, Kelvin Industrial Estate.

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