Vortex Distribution Limited

Vortex Distribution Ltd from Portsmouth UK: a small holding company with an active status, was founded 17 years ago. It employs 14 people and holds assets worth £2,811,505. The company operates from a virtual address, with one director and one owner. It runs an e-commerce site and regularly imports electrical machinery and equipment (457 months) and exports machinery, boilers, and mechanical appliances; parts (125 months).

The company’s website showcases a trade-only supplier of spa and hot tub spares and parts. It offers a wide range of products, including electrical components, plastics, plumbing fittings, small parts, accessories, and hot tubs. The site highlights same-day dispatch, 2500 product lines, and a no-quibbles warranty. It also features a section dedicated to heat pumps, showcasing partnerships with Balboa and Gecko. The website’s layout is clean and professional, with a focus on ease of navigation and product discovery.

Financially, Vortex Distribution Ltd presents a mixed picture. While cash reserves increased by 60% to £730,000, net assets remained relatively stable at £2,200,000. However, bank borrowings surged by 9.3% to £93,000, and trade debtors rose by 9.2% to £1,100,000. Creditors also increased by 18% to £630,000. 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 increase in debt warrants attention. The company’s accounts are unaudited, relying on director-reported data, and no auditor is mentioned. The significant increase in accumulated amortisation impairment intangible assets, from £4,900 to £50,000, suggests a possible investment in patents or trademarks. Overall, Vortex Distribution Ltd appears to be operating, but needs to keep a close eye on its debt levels and manage its working capital effectively.

Registered in England/Wales under the registration number 06500688, with a registered address at PO6 3TH, England, Portsmouth, 3 Acorn Business Centre, Northarbour Road.

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