F1 Consultancy Limited

F1 Consultancy Limited, based in Wokingham, UK, is a small, active company founded 30 years ago in 1995. With 16 employees and £649,683 in assets, it's a well-established player in its field. The company, owned and directed by a solo founder, Stephen Mark Fredrick, has five directors, and operates from a real address. It regularly imports machinery, boilers, and mechanical appliances—parts, with 5 months of import activity recorded, the latest in January 01, 2025. It also exports these items irregularly, with 2 months of export activity, the last in July 01, 2024.

The company’s website reveals a global operation specializing in event IT services. F1 Consultancy provides technology solutions for a wide range of events, including automotive shows, charity galas, corporate conferences, music concerts, and even esports gaming events. They offer services like event IT support, networking, and even satellite broadband solutions. Their website boasts offices in Seattle, Dallas, the UK, and the Netherlands, suggesting a significant international presence. It’s clear that they cater to high-profile events, working with brands like BBC Worldwide and HP.

Financially, F1 Consultancy shows some concerning trends. Current assets have increased by 41% to £650,000, which is good, but trade debtors have ballooned by a staggering 210% to £500,000—suggesting a potential issue with customer payments. Cash reserves have taken a hit, plummeting 74% to £76,000. Creditors have also increased by 36% to £290,000. 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 sharp decrease in cash reserves and the rise in outstanding debts are something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, F1 Consultancy appears to be a successful event IT provider with a global reach, but the recent financial data suggests that it might be facing some cash flow challenges. Whether this is a temporary setback or a longer-term issue remains to be seen—but for now, it’s important to monitor the company’s financial performance closely.

Registered in England/Wales under the registration number 03019610, with a registered address at RG41 2PL, United Kingdom, Wokingham, Berkshire, 2 Ashville Way, Molly Millars Lane.

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