Fire Hosetech Limited

Fire Hosetech Ltd, based in Settle, North Yorkshire, is a small, active company founded 16 years ago in 08 December 2008. With 12 employees and £827,504 in assets, it operates from a real address on the Sowarth Field Industrial Estate. The company is led by one director and owned by Coultherd Barry. Fire Hosetech is a regular importer and exporter of machinery, boilers, and mechanical appliances; parts, with 33 months of import activity and 38 months of export activity recorded.

The company's website highlights its role as the UK’s leading fire hose maintenance company, offering testing, maintenance, and repair services for layflat hoses and hosereels. It also supplies hoses and firefighting equipment to both UK and international customers. A key division focuses on testing and maintenance of PFDs and inflatable life jackets, and even offers equipment for electric car fires. The website also showcases the “Stenor Merlin” brand, used globally for hose repair, and offers training and support for its use. Fire Hosetech’s services extend to asset marking, equipment testing, and hydrant testing, with a large inventory of equipment available, from couplings to fire blankets.

Financially, Fire Hosetech Ltd shows a mixed picture. Current assets increased by 19%, reaching £830,000, while net assets grew by 21% to £1,000,000. However, bank borrowings decreased by 56%, to £8,100, and cash reserves declined by 20% to £240,000. Trade debtors have increased significantly, by 99%, reaching £310,000, which could indicate increased sales or a change in payment terms. The number of employees has increased from 12 to 15, a 25% increase, suggesting growth in operations. As a small company, it meets two of the three criteria for classification (turnover under £10.2m, balance sheet total under £5.1m, and fewer than 50 employees). The unaudited financial statements do not mention an auditor.

In conclusion, Fire Hosetech Ltd appears to be growing, with increased assets and a larger workforce, but also faces challenges in managing debtors and maintaining cash reserves. The company’s focus on specialized services and established brand positions it well in the fire safety market, but continued financial monitoring will be important.

Registered in England/Wales under the registration number 06761911, with a registered address at BD24 9AG, Settle, North Yorkshire, Unit 1 Sowarth Field Industrial Estate.

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