Flip Base Ltd

Flip Base Ltd, based in Banbury, UK, is a small, active company founded nine years ago in 2015. With four employees and £235,702 in assets, it's a solo-founded operation run by two directors and a single owner. The company regularly imports iron or steel products, with 26 months of import activity recorded, and has recently begun exporting these same products, with three months of export activity. It's a real address, and only one other company is registered there.

The company's website reveals a fascinating shift in strategy. Flip Base Ltd is now "Video Intakes," offering a video intake API for recruiters and hiring managers. The site emphasizes seamless video recording and playback, allowing users to retrieve information efficiently. It's a game-changing video solution that empowers you to seamlessly integrate video-enabled recording and playback into your UI. They are targeting ATS (Applicant Tracking System) providers, offering a plug-and-play SDK to add video capabilities. The website highlights various use cases, from enriching job ads with colleague testimonials to conducting in-depth video interviews and providing candidates with video answers early in the recruitment process. They are even offering a GDPR compliant solution.

Financially, Flip Base Ltd presents a mixed picture. Creditors have increased significantly, rising by 240%, reaching £220,000, while cash reserves have decreased by 85%, now sitting at £120,000. Bank borrowings have also decreased by 24%. However, net assets have increased dramatically, jumping 6600% to £34,000. Trade debtors have increased by a whopping 250%, reaching £46,000. 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 large increase in creditors raises questions about its ability to manage its liabilities. There's no auditor mentioned, so the figures are unaudited.

Overall, Flip Base Ltd appears to be pivoting towards a software-as-a-service model, leveraging its existing import/export experience to offer a valuable API to the recruitment industry. While the financial data suggests some challenges, the strategic shift and focus on video technology could position it for future growth.

Registered in England/Wales under the registration number 09684906, with a registered address at OX16 1RW, United Kingdom, Banbury, Oxfordshire, Unit7 Penhill Industrial Estate, Beaumont Road.

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