Flex Technologies Limited

Flex Technologies Ltd, based in Croydon, UK, is a small holding company with an active status, having been incorporated thirteen years ago in August 2011. The company employs five people and holds £442,802 in assets, operating from a real address shared by seven other companies. It’s managed by two directors and has one owner, though this owner list isn’s exhaustive.

The company’s core business revolves around importing wood and wood products—a regular activity spanning 48 months, with the latest import occurring in November 2024. It also engages in irregular exporting of machinery, boilers, and mechanical appliances, with just two months of export activity recorded as of November 2024. Flex Technologies operates in several European markets, acting as a retailer and wholesale distributor of renewable energy products. It runs two main divisions: a portable solar applications business selling generators and fridges, and a biomass heating fuels business supplying wood pellets, briquettes, and logs through online stores branded Bioglow (UK & Ireland) and Biobrix (Belgium, France, Netherlands). The company emphasizes direct sourcing, quality checks, and cost-effective logistics, even offering single-pallet delivery to remote locations. It has even implemented several biomass gasification projects, including the world’s first commercial gasification power and heat plant using waste sunflower husk.

Financially, Flex Technologies Ltd shows a mixed picture. Current assets have decreased by 24% to £440,000, while net assets have fallen 72% to £47,000. Bank borrowings have decreased by 48% to £33,000, and cash reserves have fallen 2.3% to £30,000. Creditors have decreased by 5.2% to £400,000. The company meets the criteria to be considered a small company, with turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. There is no auditor mentioned, likely due to its small size. The decrease in assets and net assets, alongside the decrease in cash reserves, suggests the company may be burning through money, but the decrease in bank borrowings indicates better debt management. It's possible the company is reinvesting in its business to expand its European operations, but the financial data paints a picture of a company facing some financial pressure.

Registered in England/Wales under the registration number 07746432, with a registered address at CR0 4WF, England, Croydon, Weatherill House, 23 Whitestone Way.

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