Volspec Limited

Volspec Ltd from Maldon, UK, is a small holding company with an active status, celebrating 51 years since its founding in 1973. Employing 21 people, the company holds £1,221,589 in assets and operates from a real address in Essex. Led by two directors and owned by Volspec Trading Ltd, Volspec Ltd imports electrical machinery irregularly (just one month of activity in 2023) but regularly exports machinery, boilers, and mechanical appliances (323 months of activity, most recently in February 2025). The company operates in the other engineering activities industries.

The company's website paints a picture of a thriving business community in the Maldon District, emphasizing investment, business growth, and relocation opportunities. It showcases a range of employment areas, from industrial parks to rural settings, and highlights local businesses like Minot Brothers (plant hire) and Wilkin Sons (jam producers). The site also promotes Maldon Crystal Salt Company and Gibbons Engineering Group Ltd, demonstrating a focus on local enterprise and quality. The website doesn't directly showcase Volspec's services, but positions the district as a desirable location for businesses.

Financially, Volspec Ltd’s recent performance shows some concerning trends. Cash reserves have plummeted 70% to £78,000, while current assets have fallen by 33% to £1,200,000. Trade debtors have also decreased significantly, dropping 44% to £340,000. On the positive side, creditors have reduced by 35%, and bank borrowings have increased by 10%, suggesting some improvement in debt management. The company’s small size (meeting two of three criteria for being a small company) helps it remain flexible, but the sharp decline in assets raises questions about its financial health. The company is exempt from an audit, so the figures are unaudited. Amounts owed by related parties decreased by 56%, which may be a positive sign. The directors' specific advances and credits show a complex picture, with increases in advances and repayments.

Registered in England/Wales under the registration number 01137688, with a registered address at CM9 8SE, Maldon, Essex, Woodrolfe Road, Tollesbury.

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