Voltac Limited

Voltac Ltd from Co Tyrone, UK, is a small, active company established 34 years ago. With seven employees and £1,704,700 in assets, it operates from a real address and is led by one director and owner. The company regularly imports machinery, boilers, and mechanical appliances, with 14 months of import activity recorded as of December 2024.

Voltac Ltd's core business revolves around the wholesale of other machinery and equipment. While no website is available to analyze, this suggests a business-to-business model, likely serving industrial clients in the region. It’s not clear if they have an ecommerce presence, but the wholesale nature of their operations indicates a focus on direct sales rather than online retail.

Financially, Voltac Ltd presents a mixed picture. Cash reserves have taken a significant hit, decreasing by 70% to £160,000. Bank borrowings have increased by 33% to £98,000, while trade debtors have risen by 26% to £530,000. Creditors have also increased by 11% to £580,000. Despite these challenges, net assets have increased by 3.4% to £1,000,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company.

The substantial increase in trade debtors could indicate a period of rapid growth, but also a potential risk of delayed payments. The decrease in cash reserves, however, suggests the company may be burning through money faster than it’s bringing it in. The director, Robert Campbell, seems to be managing the business solo, which could explain the lean operation but also the potential for stretched resources.

Registered in Northern Ireland under the registration number NI024787, with a registered address at BT69 6BN, Co Tyrone, 144 Tullyvar Road, Aughnacloy.

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