Fathomtree Limited

Fathomtree Ltd from Derby, UK, is a small, active company established 42 years ago in 1982. With 18 employees and £2,380,525 in assets, it operates from a virtual address shared by 153 other companies – a bit unusual, really. The company is led by four directors and owned by one individual, Christine Margaret Smith. It regularly imports machinery, boilers, and mechanical appliances (parts for five months), and exports furniture, lighting, and prefabricated buildings (for four months).

The company’s primary activity appears to be the manufacture of other plastic products. It’s a small business, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s website is currently unavailable, making it difficult to determine if it operates an e-commerce platform or relies solely on wholesale channels.

Recent financial data reveals some concerning trends. While the company’s net assets decreased by 4.4% to £2,800,000, cash reserves fell by 20% to £1,800,000. Bank borrowings were eliminated, which is good, but trade debtors increased by 27%, suggesting potential issues with customer payments. Director remuneration decreased slightly, and the company’s fixed assets also declined, which could indicate asset sales or depreciation. The company’s net current assets and liabilities decreased by 13%, which is not ideal.

Despite these challenges, the company’s creditors decreased, indicating better debt management. The lack of an auditor mentioned suggests the company is exempt from an audit due to its small size. The company’s unaudited financial statements rely on director-reported data, so it’s difficult to fully assess its financial health. Overall, Fathomtree Ltd seems to be navigating a period of change, with some areas of strength offset by concerning financial trends.

Registered in England/Wales under the registration number 01646831, with a registered address at DE24 8HG, United Kingdom, Derby, C/O Pkf Smith Cooper Prospect House, 1 Prospect Place, Pride Park.

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