Barry Forder Limited

Barry Forder Ltd is a small, active company based in Maidstone, UK, established 47 years ago in 1978. With just two employees and £78,323 in assets, it’s a modest operation overseen by three directors and a single owner. The company’s real address is registered, and it operates as a regular importer, primarily bringing in printed materials like books, newspapers, and pictures – with 7 months of import activity recorded, the latest in October 2024.

The company's website highlights its storage and fulfilment services, catering to businesses needing help with logistics, consumer response handling, and direct mail campaigns. It seems to offer tailored solutions, working closely with clients to achieve their objectives. There’s also a mention of an associated business, Lesley’s Florist, suggesting a diversification of interests. It's a winning combination, they say.

Financially, Barry Forder Ltd shows some concerning trends. Cash reserves have fallen by a significant 52%, dropping to £26,000, while bank borrowings have increased. Trade debtors have risen sharply, by 58%, which could indicate difficulties in collecting payments. However, creditors have also decreased by 21%, suggesting improved debt management. The company’s size – meeting two of three criteria for a small business – helps it remain flexible, but the decline in equity is a point of concern. The unaudited financial statements, lacking an auditor's stamp, rely on director-reported data.

Overall, Barry Forder Ltd appears to be facing some financial headwinds, despite its long-standing presence and range of services. It’s a small company, and it’s burning through money. Whether it can weather these challenges and maintain its position in the storage and fulfilment market remains to be seen.

Registered in England/Wales under the registration number 01365174, with a registered address at ME15 0AZ, Maidstone, Kent, 37 Salts Avenue, Loose.

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