Fds Corporation Limited
- Large
- Holding
- Active
- 11 years
- 24 employees
- £68,096,423 (assets)
- £58,996,809 (revenue)
- Real address
- 1 director
- 2 owners
- Regular importer
- E-commerce
- Rating 4.0 (121)
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
The owners list was changed 4 months ago, a good sign to sell them something.
Field of Operation
Website
Phones
Summary
Fds Corporation Ltd from Ipswich UK: a large company, holding company, active status, founded 11 years ago, employing 24 people, holding £68,096,423 in assets, generating £58,996,809 in yearly revenue, with a real address, overseen by one director and two owners, operating an e-commerce site, and boasting a Google rating of 4.0 based on 121 reviews. The company regularly imports furniture, lighting, and prefabricated buildings—a total of 1276 months of imports.
Fds Corporation Ltd operates as a holding company, likely overseeing various subsidiaries or investments. The e-commerce site, Costway.co.uk, is a key part of its operations, offering a wide range of products from furniture and outdoor gear to kitchen appliances and pet supplies. The site is clearly aimed at a broad consumer base, with sections dedicated to different categories and a focus on competitive pricing. It seems they are doing well in attracting customers, as evidenced by the high Google rating.
Financially, the company presents a mixed picture. While revenue increased by a substantial 40%, net assets also increased significantly, jumping 60% to £68,096,423. Cash reserves grew by 10% to £3,500,000. Trade debtors increased by 120%, which could indicate a strategy of extending credit to customers or challenges in collecting payments. Creditors also rose by 50% to £74,000,000, which could be related to increased inventory purchases to support the growing sales. The average number of employees increased by 71% to 41, reflecting the company’s expansion.
The company’s auditor, Shinewing Wilson Accountancy Limited, provides assurance on the financial statements. It's worth noting that the company's large asset base and substantial revenue mean it’s subject to more stringent reporting requirements. The increase in administrative expenses by 67% could be a result of the company’s growth and increased operational complexity. Overall, Fds Corporation Ltd appears to be a financially healthy company with strong growth potential, but it will need to manage its debt and expenses carefully to maintain its profitability.
Registered in England/Wales under the registration number 08890000, with a registered address at IP6 0FL, United Kingdom, Ipswich, Unit 4 Blackacre Road, Great Blakenham.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Wu Wei
- 4 months
- 75%+
-
Resident of China
-
Corporate
- Costway Corp
- 9 years
- 75%+
-
Resident of Cayman Islands
Managers
-
Individual
- Wu Wei
- 10 years
-
Resident of China
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Notification of Wei Wu as a person with significant control on 2024-12-16Download 2 pages pdf report
-
Full accounts made up to 2023-12-31Download 29 pages pdf report
-
Confirmation statement made on 2024-07-19 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
Last imported products
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FAQ about Fds Corporation Limited
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