Fibre Options Limited

Fibre Options Ltd, based in Tring, UK, is a small, active company established 34 years ago. With ten employees and £32,270 in assets, it’s a long-standing player in the telecommunications sector. The company has three directors and two owners, operating from a real address with only one other company registered there. Fibre Options is a regular importer of electrical machinery and equipment, bringing in goods for eight months of the year, with the latest import in December 2023. It also exports these items, though irregularly, with just one month of export activity recorded back in June 2017.

The company’s website highlights its expertise in providing sophisticated networks for voice, video, and data transmission. It offers solutions ranging from broadcast transport networks to security systems, including CCTV and fibre optic video transmission. Fibre Options caters to various industries, including broadcast, networks, and security, offering services like audits, installations, maintenance, and site connectivity. The website also mentions partnerships with companies like Calix and involvement in projects like the LutonDunstable Guided Busway.

Financially, Fibre Options Ltd presents a mixed picture. Creditors have increased significantly, jumping 200% to £160,000, while cash reserves have plummeted 71% to just £4,100. Trade debtors have ballooned by 890%, suggesting delayed customer payments or expanded credit terms, and creditors rose 35% to £34,000. Bank borrowings surged by 2,400%, reaching £29,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's net losses deepened from -£10,000 to -£23,000, which is concerning. It's possible the company is investing heavily in new equipment or expanding its services, which could explain the increased expenses. However, the decline in cash reserves suggests that Fibre Options needs to carefully manage its finances to ensure its long-term viability.

Registered in England/Wales under the registration number 02546966, with a registered address at HP23 6DB, Tring, Herts, The Courtyard, Park Road.

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