Flexitallic Uk Ltd

Flexitallic UK Ltd, based in Cleckheaton, UK, is a large holding company with an active status, established seven years ago. The company employs 237 people and boasts significant assets of £42,651,790, generating a yearly revenue of £40,536,890. It has three directors and one owner, and operates from a real address where seven companies are registered. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts, with 176 months of import activity and 216 months of export activity.

The company operates in the manufacture of other fabricated metal products n.e.c. industries. It’s a large company, meeting two of three conditions: turnover more than £36 million, balance sheet total more than £18 million, and average number of employees more than 250. The company is owned by Novus Finance Ltd, and the ultimate parent is Bridgepoint. The auditor for Flexitallic UK Ltd is Constantin.

Financially, the company shows some interesting trends. Accumulated amortisation impairment intangible assets increased by 27%, while administrative expenses decreased by a substantial 29%. Cash bank on hand increased by 7%, and staff costs increased by 5.5%. However, deferred tax liabilities increased significantly, rising by 300%. Creditors decreased by 18%, suggesting improved debt management, but bank borrowings increased. The company’s net assets decreased, and cash reserves fell.

The increase in deferred tax liabilities, combined with the decrease in cash reserves, could indicate increased tax obligations or a need to invest more heavily in the business. The decrease in administrative expenses is a positive sign, potentially reflecting efficiency gains. The company’s continued import and export activity suggests ongoing demand for its products, but the overall financial picture is mixed.

Registered in England/Wales under the registration number 10856270, with a registered address at BD19 4LN, Cleckheaton, West Yorkshire, Scandinavia Mills, Hunsworth Lane.

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