Fir Tree Technology Limited

Fir Tree Technology Ltd from Haverhill UK: a small, active company founded 23 years ago, employs 17 people, and holds £536,241 in assets. It’s a real, family-run business with three directors and two owners, and regularly imports electrical machinery and equipment – 13 months worth, with the last import in March 2023.

The company specializes in providing vehicle safety and compliance solutions for commercial fleets. Its website, firtreetechnology.co.uk, highlights its 20 years of experience and focus on factory-standard installations, aiming to seamlessly integrate technology into commercial vehicles. They offer a “Vehicle Solutions Partner” service, providing consultation, installation, and support for fleet parts management, emphasizing consistency and efficiency. They cater to both commercial trucks and vans, offering products like cameras, alarms, and driver wellbeing equipment. The site also mentions a partnership with a company called YourNett.com for website development.

Financially, Fir Tree Technology Ltd presents a mixed picture. While bank borrowings decreased by 17%, dropping to £230,000, cash reserves saw a significant jump, increasing by 210% to £14,000. However, net assets took a hit, falling 66% to £18,000. Trade debtors decreased by 30%, suggesting better collection practices, but creditors also declined by 16%. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the drop in equity is something to keep an eye on. As a small company, it is exempt from an audit, so the reported figures are unaudited. It seems like the company is doing well, but it’s important to monitor the equity trend.

Registered in England/Wales under the registration number 04259721, with a registered address at CB9 7UU, United Kingdom, Haverhill, Unit A4 Sturmer End Industrial Estate, Sturmer Road.

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