Firman Export Limited

Firman Export Ltd, based in Ruislip, UK, is a large holding company with an active status, established eleven years ago. The company, with five employees and £8,543,515 in assets, operates from a real address and is managed by one director and one owner. While it’s an irregular importer of optical and medical tools (last import in 2020), it’s a regular exporter of essential oils and perfumes (last export in September 72024).

The company's website highlights its global distribution services, specializing in branded toiletries, confectionaries, health, fitness, perfumes, and cosmetics. It sources products directly from manufacturers and wholesalers, exporting to various countries worldwide. Firman Export caters to international supermarkets, wholesalers, traders, and distributors, offering import and export services, as well as brand distribution support for companies seeking to expand into the UK and European markets. The company’s website also lists a phone number, WhatsApp number, and social media links.

Financially, Firman Export Ltd demonstrates a mixed picture. While cash reserves increased by a healthy 30% to £4.7 million, net assets only grew by 13% to £1.7 million. Administrative expenses skyrocketed by 250% to £310,000, and director remuneration jumped 310% to £35,000. Trade debtors ballooned by 160% to £1.8 million, suggesting potential issues with customer payments. Interestingly, bank borrowings remained stable at £1.4 million. The company’s staff costs increased by 120% to £180,000, reflecting a possible expansion of operations. The lack of an auditor mentioned suggests the company is exempt from an audit.

Overall, Firman Export Ltd appears to be growing, but the significant increase in expenses and the rise in trade debtors warrant closer monitoring. The company’s reliance on a single director and owner, while contributing to agility, could also pose a risk if management issues arise.

Registered in England/Wales under the registration number 08549287, with a registered address at HA4 7LB, England, Ruislip, Middlesex, 2 Manor Road.

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