Ferco Seating Systems Ltd

Ferco Seating Systems Ltd from Telford, UK, is a small, active company founded 26 years ago. With 11 employees and £1,520,731 in assets, it operates from a real address and is managed by three directors, although no owners are officially listed. The company regularly imports furniture, lighting, and prefabricated buildings – a consistent activity spanning 60 months, with the latest import in February 2025. It also exports treated or layered fabrics for industrial use, though this is irregular, with just two months of export activity recorded as of September 2024.

The company's website reveals a focus on cinema, auditorium, education, and sports seating solutions. Ferco Seating positions itself as a specialist in premium seating, collaborating with operators to create luxurious experiences. The site highlights a global presence, with operations in the UK and Malaysia, and even references partnerships with high-profile venues like The Covent Garden Cinema in London. The website is well-designed and professional, showcasing a range of seating options and emphasizing design, aesthetics, and functionality. It’s clear that Ferco Seating is targeting a specific niche – high-end seating for entertainment venues.

Financially, Ferco Seating Ltd presents a mixed picture. Accumulated depreciation on plant machinery increased by 14%, indicating ongoing investment in equipment. However, bank borrowings have vanished completely, a positive sign of reduced debt. Cash bank on hand has increased significantly, up 31% to £720,000. Creditors have also risen by 14%, which could be due to increased purchasing activity. Despite this, net assets have decreased by 72%, a substantial drop to £87,000. The company's small size (meeting two of three conditions for a small company) helps it remain flexible, but the equity decline warrants attention. The lack of a named auditor suggests the company is exempt from an audit, relying on unaudited financial statements.

Overall, Ferco Seating Systems Ltd appears to be a stable, albeit small, business with a clear focus on a specialized market. While the decrease in equity is a concern, the increase in cash reserves and the elimination of bank borrowings suggest the company is managing its finances effectively.

Registered in England/Wales under the registration number 03640854, with a registered address at TF7 4QT, England, Telford, Unit 7 Merlin Park, Halesfield 19.

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