Fde Solar Uk Limited

Fde Solar Uk Limited, based in Swindon, UK, is a small, holding company with an active status. Founded just three years ago in 2021, it employs two people and holds £835,074 in assets. The company operates from a real address and is managed by two directors, with one owner reported – though this list may not be exhaustive. It regularly imports iron or steel products, with the last import operation recorded in December 2024. The company’s core business involves wholesale of other machinery and equipment.

While the company’s website is unavailable for review, the financial data paints a mixed picture. Current assets have increased dramatically, soaring by 2300% to reach £840,000, a significant jump from just £35,000. However, net assets have plummeted by 1800%, landing at a concerning -£330,000. Bank borrowings have also risen sharply, increasing by 350%, reaching £84,000, while cash reserves have decreased by 38%, falling to £8,400. Creditors have also increased substantially, rising by 350% to £800,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial equity decline suggests potential financial strain.

The significant increase in debtors (up 3400%) could indicate a strategy of extending credit to customers, but also poses a risk of non-payment. The company’s net losses deepened considerably, reaching -£330,000, which is a worrying trend. As a small company, Fde Solar Uk Limited is exempt from an audit, so the financial statements are unaudited. With no auditor mentioned, the figures rely on director-reported data. It seems the company is working hard to grow its business, but it’s important to monitor its financial health closely to ensure long-term sustainability.

Registered in England/Wales under the registration number 13486912, with a registered address at SN1 4BG, England, Swindon, Wiltshire, Pps Chartered Accountants, 29 Devizes Road.

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