Vms Solutions Ltd

Vms Solutions Ltd, based in Thornton Cleveleys, UK, is a small, active holding company established twenty years ago. With 38 employees and £1,942,620 in assets, it operates from a real address and is overseen by three directors and one owner. The company regularly imports organic chemicals (72 months) and exports miscellaneous food products (5 months).

The company's website is unavailable, making it difficult to determine the specifics of its operations beyond the information provided in the report. It appears to be involved in other business support service activities n.e.c. industries.

Financially, Vms Solutions Ltd presents a mixed picture. While net assets increased by 2000%, reaching £520,000, cash bank on hand decreased significantly by 190%, landing at -£26,000. Trade debtors have increased by 130%, reaching £960,000, which could indicate a growing customer base but also potential issues with collections. Creditors have also risen substantially, increasing by 56% to £1,900,000, suggesting increased reliance on short-term financing. The company's average number of employees has increased by 34% to 51, which may reflect increased business activity. The unaudited figures rely on director-reported data and there is no auditor mentioned.

Despite the rise in liabilities, the company’s net assets are healthy, and the increase in employees suggests growth. However, the decrease in cash reserves warrants attention. It's possible the company is reinvesting profits into expansion, but careful management of cash flow will be crucial for continued success.

Registered in England/Wales under the registration number 05226150, with a registered address at FY5 4HT, Thornton Cleveleys, Lancashire, Imperial House, Butts Close.

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