Ferag Uk Ltd

Ferag UK Ltd, based in Harlow, UK, is a sizable holding company with an active status, having operated for 55 years. Employing 14 individuals, the company boasts assets of £2,267,363 and generates a yearly revenue of £3,200,331. It has a real address and is overseen by four directors and one owner. Google ratings are low at 1.0 based on just one review. The company regularly imports machinery, boilers, and mechanical appliances parts (425 months), and exports similar items (34 months).

Ferag UK Ltd operates as a distributor and supplier within the material handling, graphical, packaging, and palletising industries. Its website showcases a broad range of solutions, from material flow optimisation to innovative packaging and palletising systems. It serves diverse sectors, including e-commerce, fashion, postal services, food, healthcare, manufacturing, and more. The company also distributes packaging machines and palletizing systems from other well-known suppliers.

Financially, Ferag UK Ltd presents a mixed picture. While turnover remained relatively stable at £3.2 million, net assets declined by 11% to £1.6 million. Cash reserves fell significantly by 74% to £210,000, and bank borrowings increased by 130% to £890,000. Creditors, however, decreased by 41%, suggesting improved management of short-term liabilities. The company’s size (meeting two of three criteria for a large company) indicates a robust operation, but the decrease in cash and increase in borrowings warrants attention. The lack of an auditor mentioned in the report likely means the figures are unaudited. The company’s focus on high-value industries and its distribution model may explain the financial trends, but a deeper analysis would be needed to fully understand the situation.

Registered in England/Wales under the registration number 00965949, with a registered address at CM20 2FD, Harlow, Essex, Unit 17 Harlow Mill Business Centre, River Way.

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