Vital Auto Ltd

Vital Auto Ltd from Coventry, UK, is a small, active company founded nine years ago in 2015. Employing seventeen people and boasting assets of £894,216, it operates from a real address within a business park. With five directors and three owners, the company is a regular importer of machinery, boilers, and mechanical appliances – parts, with seven months of import activity recorded. It also exports electrical machinery and equipment irregularly, with just one month of export activity.

The company’s website highlights its role as “Global Leaders in Physical Digital Automotive Prototyping.” It offers services including design, engineering, and manufacturing, catering to the automotive industry. Vital Auto Ltd’s registered office is located at 1 & 2 Mercia Village, Torwood Close, Westwood Business Park, and its website infovitalauto.com provides contact details and showcases its capabilities.

Financially, Vital Auto Ltd’s recent performance presents a mixed picture. Cash reserves decreased by 25% to £350,000, while bank borrowings remained constant at £23,000. Creditors decreased by 26%, suggesting better debt management, and trade debtors increased by 48%, which could indicate a growth in sales but also potential payment delays. Net assets increased by 130% to £430,000, a significant improvement. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in trade debtors should be monitored. No auditor is mentioned, consistent with its status as a small, exempt company. The company’s profits remained constant at £490,000.

Registered in England/Wales under the registration number 09739753, with a registered address at CV4 8HX, England, Coventry, West Midlands, 1 & 2 Mercia Village Westwood Business Park.

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