Vj Engineering Limited

Vj Engineering Ltd from Rugby UK is a small, active company founded 22 years ago in 2002. With 16 employees and £2,532,152 in assets, it operates from a real address and is managed by three directors and one owner. Google users rate it a perfect 5.0 based on a single review, and it's a regular importer of machinery, boilers, and mechanical appliances – parts, with 75 months of import activity recorded.

The company’s core business revolves around manufacturing, vehicle maintenance, wholesale motor vehicle parts, and repair of transport equipment. Its website, though minimal, points to a focus on engineering services and parts supply. While it doesn't appear to be a full-fledged e-commerce operation, it likely serves a B2B clientele.

Financially, Vj Engineering Ltd presents a mixed picture. Current assets have increased by 5.7% to £2,500,000, which is good, but net assets have decreased by 3.2% to £1,700,000. Bank borrowings have surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s workforce has grown significantly, with the average number of employees jumping 69% to 27, which may explain some of the increased expenses. It’s also worth noting that the company has been importing regularly for a long time, which suggests a stable supply chain. Overall, Vj Engineering Ltd appears to be navigating a period of change, with both opportunities and challenges ahead.

Registered in England/Wales under the registration number 04585614, with a registered address at CV21 1ST, England, Rugby, Vj Engineering, Unit 1 Hadrians Way.

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