Vitkovice Machinery Uk Ltd

Vitkovice Machinery Uk Ltd from Bolton UK: a small, active company founded nine years ago, employs two people, and holds £682,144 in assets. It’s a solo-founded venture with two directors, and operates from a real address shared by only one other company. The business regularly imports iron or steel products, with 24 months of import activity recorded.

The company’s website reveals a broader network of cylinder-related businesses spanning Europe, Asia, and the Middle East. These include manufacturing, sales, and service operations for high-pressure cylinders, accumulators, and related equipment. The website emphasizes high-quality products and services, catering to industrial clients. It even highlights a focus on innovation and development, with a dedicated team working on new technologies.

Financially, Vitkovice Machinery Uk Ltd shows some interesting trends. Current assets have decreased by 57%, dropping to £680,000, while net assets have increased by 200%, reaching £140,000. Bank borrowings have decreased significantly, and cash reserves have increased by 260%, reaching £380,000. Trade debtors have plummeted by 88%, suggesting improved collection practices. The company’s small size (meeting two of three conditions for being small) helps it remain flexible. While there's no auditor mentioned, the accounts are audited, and the unaudited figures provide a snapshot of the business's performance.

The sharp decline in trade debtors is a positive sign, but the decrease in current assets warrants attention. The company’s reliance on imports and its connection to a global network of cylinder-related businesses suggest a complex supply chain. Whether this network provides stability or introduces vulnerabilities remains to be seen—but for now, Vitkovice Machinery Uk Ltd seems to be navigating the market with a focus on efficiency and global reach.

Registered in England/Wales under the registration number 09919515, with a registered address at BL1 1PP, England, Bolton, Greater Manchester, St Peters House, Silverwell Street.

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