Ffowndri

Ffowndri from Chester, UK, is a small, active company established six years ago. With eight employees and £14,337 in assets, it’s a modest operation led by two directors and two owners. The company operates in a diverse range of industries, including retail sales via mail order and internet, licensed restaurants, arts facilities, and other non-specialized retail stores.

The company’s website is currently unavailable, making it difficult to assess its e-commerce presence. However, its business model suggests a blend of online and potentially brick-and-mortar sales, catering to a variety of consumer needs.

Financially, Ffowndri presents a mixed picture. While its net assets decreased by 47% to -£190,000, current assets increased by a substantial 160% to £14,000. Bank borrowings decreased by 37%, and cash reserves increased slightly by 7.7%. However, creditors increased significantly by 26%, and trade debtors decreased by 52%. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the decrease in equity warrants attention. The company’s property plant and equipment has also decreased by 21%, which could be a concern. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s directors loan account shows a significant increase of 27% to -£200,000, which could be a sign of financial strain. The average number of employees has also increased by 50% to 12, which could be a positive sign of growth, but it also means higher labor costs. Overall, Ffowndri appears to be navigating a period of change, with both opportunities and challenges ahead.

Registered in England/Wales under the registration number 11695633, with a registered address at CH1 1NQ, Chester, 12 Bridge Street.

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