Vorteq Sports Limited

Vorteq Sports Ltd, based in Towcester, UK, is a small holding company with an active status, established five years ago. The company employs eight people and holds £288,048 in assets, operating from a real address. With two directors and one owner, it’s a relatively lean operation. Vorteq Sports is an irregular importer of man-made filaments and related materials, with just two months of import activity recorded, the last in November 2023. Conversely, it's a regular exporter of clothing and accessories (not knitted or crocheted), with three months of export activity, the latest in June 2024.

The company's website highlights its focus on "engineered sporting innovation," creating performance wear for athletes. It positions itself as a brand driven by data and research, working with a network of technical partnerships to develop cutting-edge products. The site showcases a range of products, including custom-fit skinsuits, overshoes, and 3D-printed mannequins, catering to both track and road cycling enthusiasts. It also mentions collaborations with other brands and offers services like aero fits and custom product development.

Financially, Vorteq Sports Ltd presents a mixed picture. While cash reserves increased significantly by 460% to £160,000, net assets decreased by 55% to -£120,000. This suggests the company may be reinvesting heavily in its operations, but it’s also burning through equity. Trade debtors decreased slightly by 3.2%, while creditors dropped 9.2%, indicating improved debt management. The company’s small size (meeting two of three criteria for being classified as small) allows for agility, but the equity decline warrants attention. The company’s financial statements are unaudited, and no auditor is mentioned, which is common for small companies.

It seems Vorteq Sports Ltd is in a phase of growth and investment, but the decrease in equity raises questions about its long-term financial health. The company's focus on innovation and partnerships suggests a strategic approach, but careful management of cash flow will be crucial for sustained success.

Registered in England/Wales under the registration number 11987813, with a registered address at NN12 8FU, England, Towcester, Unit 1129 Silverstone Park Buckingham Road, Silverstone.

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