Flexible Machine Products Limited

Flexible Machine Products Ltd, based in Thirsk, UK, is a small, family-run business with an active status, established 26 years ago. Employing just three people, the company holds £266,164 in assets and operates from a real address. With three directors and two owners, it’s a tight-knit operation, boasting a perfect 5.0 Google rating from one review. They regularly import iron or steel products, with 16 months of import activity recorded, the latest in October 2024.

The company’s website highlights its specialization in manufacturing and supplying high-quality hoses and accessories for the cleaning industry. They offer a wide range of hoses for various applications, including water, oil, and chemical, alongside retractable and manual hose reels, trigger guns, valves, and fittings. Their website even states that all orders are made to customer requirements, using the best materials.

Financially, Flexible Machine Products Ltd shows a mixed picture. Current assets decreased by 4.5% to £270,000, while net assets increased by 2.4% to £200,000. Cash reserves increased by 19% to £45,000, and bank borrowings decreased. Creditors decreased by 6.8%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in other debtors, by 230%, raises questions about payment collection. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Flexible Machine Products Ltd seems to be holding its own, but the increase in debtors should be monitored. Their focus on specialized hoses and accessories, combined with a strong online presence, positions them well within their niche market.

Registered in England/Wales under the registration number 03664538, with a registered address at YO7 3HW, Thirsk, Yorkshire, The Barn Rising Sun Farm, Topcliffe.

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