Fairmead Communications Limited

Fairmead Communications Ltd from Southampton UK: a small, active company founded 31 years ago, employs just one person, and holds £1,595,428 in assets. It operates from a virtual address, managed by two directors and a single owner, who is also the solo founder. The company irregularly imports ships, boats, and floating structures, with a recent import recorded just one month ago.

The company’s core business is publishing consumer and business journals and periodicals. While no website is available to examine, it’s clear Fairmead Communications is a traditional publishing house, likely distributing print materials.

Financially, Fairmead Communications presents a mixed picture. Current assets have increased by a substantial 53%, reaching £1,600,000, which is good news. However, net assets have decreased by 19%, dropping to £430,000—a concerning trend. Bank borrowings have increased by 3.7%, and creditors have risen by 37%, suggesting a reliance on external funding. Cash reserves have seen a significant jump of 390%, reaching £660,000, which is a positive sign. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and only one employee. The accounts are unaudited, as is typical for small companies.

The company's equity has decreased by 19%, which could be due to reinvestment in the business or other factors. The increase in creditors and bank borrowings, alongside the decrease in equity, suggests the company is burning through cash, though the substantial increase in cash reserves provides a buffer. The director signing the financial statements is S Leach, and the company uses CCH Accounts Production software.

Registered in England/Wales under the registration number 02879797, with a registered address at SO17 1XS, Southampton, Hampshire, Stag Gates House, 63-64 The Avenue.

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