Fife Group Limited

Fife Group Ltd from Kirkcaldy UK is a small, active company founded 52 years ago in 1972. Employing 25 people, it operates from a real address at Unit 1 Waverley Road, Mitchelston Industrial Estate, and is managed by six directors, though no owners are officially registered. The company is a irregular importer, primarily dealing in electrical machinery and equipment, with its last import operation recorded over four years ago in July 2019.

While the company’s website is non-existent, its operations appear centered around warehousing and storage facilities for land transport activities. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Fife Group Ltd shows some concerning trends. Accrued liabilities deferred income increased by 5.0% to £500,000, while bank borrowings surged by 2,400%, reaching £29,000. Cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. Trade debtors ballooned by 890%, suggesting delayed customer payments or expanded credit terms. The lack of employees (zero reported) hints at a lean, possibly solo operation. The company's net assets plummeted 73% to just £16,000—a significant decline. With no auditor mentioned, the figures rely on unaudited statements.

Despite these challenges, Fife Group Ltd's longevity suggests a degree of resilience. The company's small size helps it stay agile, but the sharp equity drop raises questions about its long-term viability. It's clear that the company is holding steady but facing pressures.

Registered in Scotland under the registration number SC051089, with a registered address at KY1 3NH, Kirkcaldy, Fife, Unit 1 Waverley Road, Mitchelston Industrial Estate.

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