Vlc (stairlifts) Limited

Vlc Stairlifts Ltd from Wigan UK: a small, active company established 22 years ago, employs 19 people, and holds £290,506 in assets. It’s a family business with four directors and two owners, boasting a perfect 5.0 Google rating based on seven reviews. The company is an irregular importer of machinery, boilers, and mechanical appliances, with just one month of imports recorded as of March 2022.

Vlc Stairlifts operates as a provider of home lifts, stairlifts, and wheelchair lifts, servicing customers across the UK. Their website, versatileliftcompany.co.uk, highlights a range of services including installations, repairs, and emergency support. They offer a free, no-obligation survey and emphasize their commitment to customer service, describing themselves as a family-run business. The site also features testimonials from satisfied customers, praising their professionalism and expertise. They even have a showroom in London.

Financially, Vlc Stairlifts Ltd presents a mixed picture. While current assets decreased by 11% to £290,000, bank borrowings increased by 20% to £50,000. A significant drop in finished goods, down 54% to £22,000, could indicate a shift in inventory management or a slowdown in sales. Debtors, however, increased by a substantial 67%, suggesting potentially delayed payments from customers. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in equity, down 33% to £110,000, warrants closer attention. No auditor is mentioned, indicating the accounts are unaudited.

Overall, Vlc Stairlifts Ltd seems to be navigating a period of change. The company's focus on customer service and family values, combined with its range of services, positions it well in the stairlift market—but the financial trends suggest a need for careful management and a focus on improving cash flow.

Registered in England/Wales under the registration number 04657120, with a registered address at WN4 8DT, England, Wigan, Unit D2 Redgate Road, Ashton-In-Makerfield.

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