Flax Cultivation Limited

Flax Cultivation Ltd from Ipswich UK is a small company with an active status, founded four years ago. It employs two people and holds assets valued at £733,597. The company has a real address, two directors, and two owners. It regularly imports machinery, boilers, and mechanical appliances, parts (for seven months), with the latest import in September 2024. Export activity is less frequent, occurring just once in the last month, also involving machinery and parts.

The company’s website highlights its focus on cultivating high-quality flax for fibre in the UK, positioning it as a partnership between Belgian and Dutch entities. It emphasizes the crop’s value as a break crop for British farmers and its potential to create a unique English export product, leveraging expertise developed on the continent. The website also mentions piano restoration services, hinting at a diverse range of activities.

Financially, Flax Cultivation Ltd shows some interesting trends. Cash reserves have significantly increased, jumping 270% to £310,000, while creditors have surged 1,100% to £540,000. Trade debtors have also seen a massive increase, up 4,400% to £430,000. On the other hand, current assets have grown substantially, increasing by 690% to £730,000. Equity has doubled, reaching £550,000. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible. It’s worth noting that the company has elected not to include a copy of the profit and loss account within the financial statements. No auditor is mentioned, likely due to exemption as a small company.

These figures suggest a period of rapid growth, but also increased reliance on credit. The large increase in debtors could indicate challenges in collecting payments, or perhaps a deliberate strategy to offer more generous credit terms to customers. The substantial rise in creditors, while not necessarily negative, warrants close monitoring to ensure the company can manage its obligations. It’s possible that the company is investing heavily in its operations to capitalize on the growing demand for flax fibre, but it's important to keep an eye on cash flow.

Registered in England/Wales under the registration number 13293085, with a registered address at IP3 9AF, England, Ipswich, Suffolk, 43 Hatfield Road.

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