Fleming Residential Limited

Fleming Residential Ltd, based in Peterborough, UK, is a small, active company established 36 years ago in 1989. With a single employee and £119,850 in assets, it operates from a real address and is led by one director and owner, the solo founder. The company regularly imports toys, games, and sports equipment (101 months of import activity, last in 2019) and exports optical and medical tools and devices (30 months of export activity, last in 2019).

The company’s core business involves buying and selling of own real estate, and the other letting and operating of own or leased real estate industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. The company’s website is not available, making it difficult to determine if it operates an e-commerce platform.

Financially, Fleming Residential Ltd presents a mixed picture. Accumulated depreciation impairment property plant equipment increased by 13%, indicating investment in assets. Advances credits to the director increased significantly by 160%, while advances credits repaid by the director grew by 87%. Staff costs decreased by 29%, and wages salaries decreased by 34%. However, bank borrowings decreased by 71%, and cash bank on hand increased by a substantial 330%. Creditors decreased by 71%, suggesting improved debt management.

The company’s net assets grew by 1.6%, but net current assets decreased by 10000%, a considerable decline. This could be due to increased borrowings or delayed payments. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Fleming Residential Ltd appears to be navigating a period of change. While the company has reduced its debt and increased its cash reserves, the significant decrease in net current assets warrants further investigation. The company’s long-standing history and solo founder status suggest a resilient business, but its future success will depend on its ability to manage its finances effectively.

Registered in England/Wales under the registration number 02353965, with a registered address at PE6 7UX, England, Peterborough, Cambridgeshire, 107 High Street, Eye.

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