Vtech Systems Limited

Vtech Systems Ltd, based in Wantage, UK, is a small, active company established 22 years ago. With 15 employees and £612,159 in assets, it operates from a real address and is overseen by one director and two owners. The company regularly imports electrical machinery and equipment (10 months) and exports vehicles, parts, and accessories (5 months), excluding trains and trams.

The company’s website highlights its focus on Direct Vision Standard (DVS) and High Vehicle Safety Camera Systems for commercial vehicles and plant. It positions itself as the UK’s leading technical road safety solutions provider, offering products like AI camera systems, radar systems, and digital video recorders. The site emphasizes innovation, technical support, and a team of experienced engineers, catering to fleet operators seeking to improve safety and comply with regulations like the Direct Vision Standard and CLOCS. A small gallery showcases previous installations, and the company offers a range of services, including DVR portal access and comprehensive contact information. The website also includes a detailed cookie policy and privacy overview, demonstrating a commitment to data protection.

Financially, Vtech Systems Ltd shows some concerning trends. While current assets increased by 69% to £610,000, net assets plummeted 350% to £130,000. Bank borrowings decreased by 35%, reaching £91,000, and cash reserves fell 66% to £27,000. Trade debtors ballooned by 150%, suggesting delayed customer payments or expanded credit terms. Creditors decreased by 35%, suggesting better debt management. 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 stay agile, but the sharp equity drop raises questions. No auditor is mentioned, likely due to its status as a small company.

Overall, Vtech Systems Ltd appears to be navigating a period of change. While its product offerings and website suggest a focus on innovation and customer service, the financial data indicates a need for careful management and a focus on improving profitability.

Registered in England/Wales under the registration number 04590233, with a registered address at OX12 0AR, Wantage, Oxfordshire, The White House Denchworth Road, Grove.

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