Market Research Report: Vaultex UK Limited

Company Overview

• Name: Vaultex UK Limited

• Mission: No information is available

• Founded: No information is available

• Founders: No information is available

• Key People: No information is available

• Headquarters: No information is available

• Number of Employees: No information is available

• Revenue: No information is available

• Company Recognition/Description: Vaultex UK Limited is recognized for its efficient and innovative cash handling solutions. The company plays a crucial role in handling the UK's notes and coins and is involved in managing cash for various financial institutions, businesses, and ATM deployers.

Products and Services

Cash Handling and Management

• Overview: Vaultex is involved in handling both notes and coins extensively throughout the UK, ensuring efficient cash flow from central and commercial banks to businesses and ATMs.

• Key Features:

• Financial Institutions: Works with shareholders such as Barclays and HSBC, along with other financial institutions, to process cash deposits and distribute notes and coins to bank branches.

• Businesses & Corporates: Processes cash deposits from various organizations, including retail, leisure, hospitality, transport, and charities. Also supplies notes and coins across the UK for both large and small orders.

• ATM Deployers: Provides quality ATM-fit notes for cash machines, along with cassette packing, residual re-bank processing, and cash-in-transit (CIT) depot services.

• Efficiency and Innovation: Vaultex emphasizes efficient and innovative solutions in its cash handling services, ensuring a high-quality and trusted service.

• Environmental, Social, and Governance (ESG): The company champions ESG practices, focusing on sustainable operations and social responsibilities.

• Core Values: According to the available information, Vaultex places significant emphasis on its employees, highlighting them as the core of its operations.

Recent Developments

• Recent Developments: No information is available

• New Products Launched: No information is available

• New Features Added: No information is available

• Partnerships: Vaultex collaborates with major shareholders like Barclays and HSBC, along with other financial institutions, to enhance its service offerings and reach.

Additional Information

• Customer Service Level: Vaultex maintains a high efficacy rate across 882 key controls.

• Volume Handled: The company handles a significant amount of cash, including both notes and coins, on an annual basis.

• Wholesale Notes and Coins: Vaultex manages a significant portion of the wholesale notes and coin transactions in the UK.

• Cash Machines: A substantial number of UK cash machines receive their cash from Vaultex.

• Cash Deposits and Orders: Vaultex has processed a large volume of cash deposits and orders over the past five years, though the exact financial figures are not provided.

Note: Specific numerical data related to financial worth, volume of coins and notes handled, number of cassettes packed, and exact efficacy rate figures are not detailed in the available information.