Visacrem International Limited

Visacrem International Ltd, based in Birmingham, UK, is a large, holding company with an active status. Established 38 years ago in 1986, it employs 51 people and holds assets valued at £3,553,133. The company generates £5,328,718 in revenue annually, operates from a real address, and is overseen by three directors and one owner. It regularly imports and exports machinery, boilers, and mechanical appliances, parts—with 100 months of import activity and 237 months of export activity recorded.

The company's website reveals a focus on manufacturing and distributing espresso coffee machines. It’s a multi-awardwinning manufacturer, exporting its machines to over 70 countries. They produce a wide range of machines, from traditional models to dual-fuel options suitable for mobile operations. The website also highlights a commitment to British craftsmanship, with around 90% of components fabricated and assembled in the Birmingham facility. They even offer a "Roastilino" coffee roasting system and partner with coffee trike and van manufacturers.

Financially, Visacrem International Ltd presents a mixed picture. While turnover remained steady at £5.3 million, net assets decreased slightly to £1.8 million. Cash reserves declined by 9%, settling at £700,000. However, bank borrowings increased by 3.5%, reaching £1.8 million, and creditors decreased by 21%, suggesting improved debt management. The company’s large size (meeting two of three criteria for a large company) indicates a robust operation, but the decrease in cash reserves could signal tighter margins. The company’s auditor, Burrows Scarborough Limited, provided an unaudited report.

The decrease in cash reserves and the increase in bank borrowings are worth noting. While the company maintains a strong presence in the coffee machine market, it will be interesting to see how it navigates the changing economic landscape and continues to innovate.

Registered in England/Wales under the registration number 02021470, with a registered address at B6 7DB, Birmingham, West Midlands, 18-22 Birch Road East, Witton.

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