Ffolkes Offshore Ltd

Ffolkes Offshore Ltd, based in Aberdeen, UK, is a small, active company founded fifteen years ago in 2009. Employing nineteen people and holding assets of £1,602,428, it operates from a real address and is overseen by four directors and two owners. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with a consistent history of activity over the last several years.

The company’s website highlights its role as a Ships Agency Marine Support provider, catering to the offshore maritime and energy industry. It emphasizes experience, value, safety, and independence, offering logistics services to vessel owners and operators. The website also showcases a range of services, including port information, quality assurance, and news updates, and even details a new HQ location.

Financially, Ffolkes Offshore Ltd presents a mixed picture. While current assets increased by 87%, net assets increased by 24%, and bank borrowings decreased by 9.1%, creditors surged by 85% – a significant jump. Property plant and equipment saw a 24% increase, while depreciation charges remained relatively stable. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the increased creditors suggest a need to manage debt effectively. There was no auditor mentioned, which is common for small companies.

Overall, Ffolkes Offshore Ltd appears to be a stable, albeit growing, business navigating the complexities of the offshore maritime sector. The increased creditors may be a result of expansion and increased activity, but it's something the company will need to monitor closely.

Registered in Scotland under the registration number SC359340, with a registered address at AB12 3AD, United Kingdom, Aberdeen, Fjord House, 41 Abbotswell Road.

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