Feridax (1957) Limited

Feridax 1957 Ltd from West Midlands UK: large company, holding company, active status, founded 31 years ago, 38 employees, £17,972,548 assets, yearly revenue: £17,917,162, real address, 5 directors, 1 owner, google rating 3.0 based on 11 reviews. Regular importer of clothing and accessories, not knitted or crocheted (255 months imported). Regular exporter of headgear and accessories (16 months exported).

Feridax 1957 Ltd is a sizable operation, classified as a holding company with a long history, having been active for over three decades. The company, employing 38 people, boasts substantial assets of £17,972,548 and generates yearly revenues of approximately £17,917,162. It’s based in Halesowen, West Midlands, and is overseen by five directors and a single owner. With a Google rating of 3.0 from 11 reviews, it’s a business that’s visible to customers, though not overwhelmingly praised.

The company’s website paints a picture of a wholesale distributor specializing in motorcycle clothing and accessories. Established in 1957, Feridax has grown into the UK’s largest independent value-added wholesaler, serving over 1,200 dealers across the UK, Ireland, and Channel Islands. They operate from a 30,000 square foot facility and pride themselves on stocking premium brands like SHOEI, SIDI, and SPIDI. The site also highlights their own brand, Spada Motorcycle Clothing, and a wide range of technical parts, from batteries to lubricants. It's clear they're focused on B2B sales, providing a comprehensive range of products to motorcycle dealers. The company also has a showroom in Harrods, London.

Financially, Feridax shows a mixed picture. While its assets remain substantial at £17,972,548, cash reserves have declined by 28%, dropping to £6,700,000. Bank borrowings, however, have decreased significantly, and trade debtors have increased by 67%, suggesting a possible shift in payment terms. Net losses have deepened, but the company’s large asset base and strong revenue generation suggest it’s not facing an immediate crisis. The company’s size—meeting two of three conditions to be classified as large—indicates it’s a significant player in its sector. The lack of an auditor mentioned likely means it’s exempt from full auditing requirements.

The company's focus on importing clothing and accessories, and exporting headgear, suggests a well-established supply chain. The long history of import activity (255 months) and recent export activity (16 months) demonstrate consistent trade. While the financial numbers show some pressures, Feridax’s established position, diverse product range, and focus on wholesale distribution suggest a resilient business model.

Registered in England/Wales under the registration number 02904875, with a registered address at B63 2NT, West Midlands, Park Lane, Halesowen.

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