Fernway Limited
- Small
- Active
- 29 years
- 6 employees
- £862,415 (assets)
- Virtual address
- 2 directors
- 1 owner
- Regular importer
- Regular exporter
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Fernway Ltd from Leeds, UK, is a small, active company established 28 years ago. With six employees and £862,415 in assets, it operates from a virtual address – a detail flagged by the registration of forty other companies at the same location. The business is run by two directors and a single owner, who is also the solo founder.
Fernway Ltd specializes in wholesale distribution and clearance of merchandise, primarily serving the retail markets in the UK and Europe. It sources goods from various suppliers, regularly importing miscellaneous manufactured goods over the past 10 months, and exports printed materials – books, newspapers, and pictures – for 26 months. The company’s website highlights its expertise in supplying branded and non-branded items, catering to discount retailers, toy stores, and other sectors. It even has a showroom in Harrods, London.
Financially, Fernway Ltd presents a mixed picture. Current assets have decreased by 15%, dropping to £860,000, while net assets have increased by 9.2% to £670,000. Bank borrowings have decreased by 41%, reaching £14,000, and cash reserves have plummeted by 98%, leaving only £820. Creditors have significantly decreased by 40%, suggesting improved debt management. The company’s small size—meeting two of three conditions for a small company—helps it remain flexible, but the sharp decline in cash reserves is a concern. As a small company, it is exempt from an audit, relying on unaudited financial statements. The company’s accounts are prepared in accordance with FRS 102.
Registered in England/Wales under the registration number 03200925, with a registered address at LS1 2ND, Leeds, C/O Ground Floor St Paul's House, 23 Park Square.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 17 years
-
Resident of United Kingdom
-
Individual
- 29 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one month ago.
Last news
-
Confirmation statement made on 2025-05-09 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-12-31Download 9 pages pdf report
-
Previous accounting period shortened from 2023-12-28 to 2023-12-27Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Fernway Limited
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