Fering Technologies Limited

Fering Technologies Ltd from London UK: a small company with an active status, was founded five years ago. It employs two people and holds £904,110 in assets, operating from a real address. With one director and one owner, the company regularly imports vehicles, parts, and accessories (excluding trains and trams), with recent activity recorded four months ago.

The company's website paints a picture of a high-tech automotive innovator. Fering Technologies is focused on creating the "Fering Pioneer," a vehicle described as the world’s longest range, zero-carbon, off-road utility vehicle. The website details a cleansheet design by a team of performance automotive, EV, and motorsport engineers, boasting a 5,000-mile range and a modular design. The company’s mission is to revolutionize mobility through sustainable vehicles, targeting clients seeking global positive impact. The Pioneer is available by invitation only, and the company is actively seeking talented individuals to join its team.

Financially, Fering Technologies Ltd shows some concerning trends. While its investments in fixed assets increased dramatically by 890%, reaching £1.1 million, its equity plummeted by 1500%, ending at -£4.0 million. Cash reserves fell 1400%, down to £140,000, and net assets are a negative £3.9 million. Bank borrowings increased significantly, and trade debtors rose by 85%, suggesting potential payment delays. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the sharp decline in equity raises questions about its financial health. The company is exempt from an audit, and the financial statements are unaudited. It’s worth noting that the company’s average number of employees increased by 550%, from two to thirteen, which could be a sign of growth, but also adds to operational costs.

Registered in England/Wales under the registration number 12250523, with a registered address at SW11 3UW, England, London, 80-100 Gwynne Road.

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