Vtl Precision (huddersfield) Limited

Vtl Precision Huddersfield Ltd, based in Huddersfield, UK, is a large, holding company with an active status, celebrating 27 years in business. Employing 56 individuals, the company holds assets worth £5,249,000 and generates a yearly revenue of £9,860,000. With a real address and three directors overseeing operations, the business is owned by one individual. Google users rate it 4.0 based on 27 reviews. Vtl Precision regularly imports and exports machinery, boilers, and mechanical appliances, parts—a testament to its role in the industrial supply chain.

The company's website paints a picture of a precision machining specialist, catering to the automotive and commercial vehicle powertrain sectors. Vtl Group, as it's known, operates manufacturing facilities in both the UK and the USA, supporting a global customer base. It provides components and assemblies to major players like Cummins, Renault, Nissan, and Toyota, emphasizing quality and operational excellence. The site highlights capabilities like program management, integrated supply chain solutions, and machining services, including work with forgings, castings, and sintered steel.

Financially, Vtl Precision shows some concerning trends. While current assets remain steady at £5,200,000, net assets have taken a hit, dropping 8% to £2,900,000. Bank borrowings have increased by 20%, reaching £1,300,000, and cash reserves have fallen 43% to £1,100,000. Creditors, however, have decreased by 10%, which could indicate improved debt management. The company meets the criteria to be considered large, with a turnover exceeding £36 million and a balance sheet total over £18 million. The lack of an auditor mentioned suggests the company is exempt, and the financial statements are unaudited.

Despite these challenges, Vtl Precision's established customer base and diverse capabilities suggest a resilient business. The shift in financial numbers could be attributed to various factors, such as supply chain disruptions or increased operating costs—but it’s something to keep an eye on.

Registered in England/Wales under the registration number 03452426, with a registered address at HD1 3LG, Huddersfield, West Yorkshire, Main Works, St. Thomas Road.

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