Volmec Uk Limited

Volmec UK Ltd, based in Barnsley, UK, is a small, active company founded 26 years ago in 1998. With six employees and £340,401 in assets, it operates from a real address and is led by two directors and a single owner, who is also the solo founder. The company regularly imports and exports machinery, boilers, and mechanical appliances – parts, with 95 months of import activity and 57 months of export activity recorded.

The company's website lists a wide range of cities across the UK, suggesting a broad distribution network. It seems to operate as a wholesale supplier, connecting manufacturers with businesses needing industrial equipment. The site doesn’s seem to be ecommerce, but rather a directory of locations where they supply.

Financially, Volmec UK Ltd has seen some changes. Current assets have decreased by 32% to £340,000, while net assets have fallen 33% to £180,000. Bank borrowings have also decreased, and cash reserves are down 19% to £110,000. Creditors have decreased significantly, which is a positive sign. 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 remain flexible, but the drop in equity is something to keep an eye on. No auditor is mentioned, as the company is exempt as a small company.

The company’s financial reports indicate a potential shift in business practices, perhaps reflecting changing market conditions or strategic adjustments. While the company is still active, the decrease in assets and cash reserves suggests a need for careful financial management going forward.

Registered in England/Wales under the registration number 03689522, with a registered address at S70 3PT, Barnsley, South Yorkshire, The Plant Yard School Street, Stairfoot.

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