Filcom Filterservice Limited

Filcom Filterservice Ltd from Lincoln UK is a small, active company founded five years ago. With two employees and £69,775 in assets, it operates from a real address and is managed by two directors, though no owners are officially listed. It boasts a perfect 5.0 Google rating based on one review and is a regular importer of machinery, boilers, and mechanical appliances, with parts imported for the last three months.

The company’s website, filcomgroup.com, caters to customers across Europe, offering a selection of countries including Austria, Czech Republic, Spain, Germany, United Kingdom, and Croatia. It appears to be a multi-national operation, offering filtration products and services. The website’s focus is on international distribution rather than direct e-commerce.

Financially, Filcom Filterservice Ltd presents a mixed picture. While current assets have increased significantly by 130% to £70,000, net assets have decreased by 37% to -£330,000. Cash bank on hand has fallen by nearly 50% to £2,900, and bank borrowings have increased substantially. Creditors have also risen considerably, suggesting a need for careful cashflow management. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decrease in equity is a cause for concern. The unaudited accounts, prepared using Caseware UK software, do not mention an auditor. The company’s equity has been declining, which is a worrying trend. The company’s retained earnings are also in the negative, which is a concerning sign.

Registered in England/Wales under the registration number 12602565, with a registered address at LN6 3RG, United Kingdom, Lincoln, Unit 16 Sadler Court, Stirlin Point.

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