F.g.s. Plant Limited

Fgs Plant Ltd, based in Aylesford, UK, is a sizable company with a 20-year history, currently employing 30 people. Holding £4,615,458 in assets and generating £5,809,029 in revenue, it operates as a holding company with an active status. The business is overseen by four directors and owned by Heathcote Holdings Ltd. It maintains a real address and boasts a stellar 5.0 Google rating from 11 reviews. Fgs Plant is an irregular exporter, specializing in machinery, boilers, and mechanical appliances, with the last export operation occurring over a year ago.

The company's website paints a picture of a plant hire specialist, offering a wide range of equipment from excavators to cherry pickers. It’s positioned as a family-run business with 20 years of experience, catering to major contractors and offering both self-drive and operator-assisted options. A key differentiator is its connection to the Heathcote Holdings group, allowing it to meet diverse customer needs, including toilet and welfare facilities through its sister company, Four Jays Group. The website highlights expertise, a wide selection of equipment, and a commitment to customer service.

Financially, Fgs Plant Ltd shows a mixed picture. Current assets increased by a healthy 24% to £4,600,000, while net assets grew by 24% to £11,000,000. However, bank borrowings jumped significantly by 500%, reaching £5,000,000, and cash reserves fell 50% to £730,000. Creditors also increased by 24% to £9,300,000. The company meets the criteria for a large company, having turnover over £36 million, balance sheet total over £18 million, and average number of employees over 250. The lack of an auditor mentioned suggests the company is exempt from mandatory auditing, relying on unaudited financial statements.

The surge in bank borrowings, despite increased assets, suggests the company may be investing in expansion or managing short-term cash flow challenges. The continued growth in revenue, however, indicates a strong market position and a demand for its plant hire services. The company's connection to Heathcote Holdings Ltd likely provides financial stability and access to resources, supporting its operations and growth trajectory.

Registered in England/Wales under the registration number 05147633, with a registered address at ME20 7PA, Aylesford, Kent, Ferry House, New Hythe Lane.

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