Flipfile Limited

Flipfile Ltd from Littlehampton UK: a small, active company founded 37 years ago, boasts £1,390,503 in assets, and operates from a real address with three directors and one owner. It’s a regular importer of plastics and plastic products, having imported for 29 months, with the last operation occurring in February 2025. The company operates in the wholesale of household goods (other than musical instruments) n.e.c. industries.

The company's website is not available for review.

Financially, Flipfile Ltd shows a mixed picture. Current assets increased by 21%, reaching £1,400,000, while net assets grew by 27% to £850,000. Bank borrowings decreased by 18%, settling at £150,000, and cash reserves increased slightly to £220. Creditors also increased by 20%, reaching £500,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Trade debtors decreased by 42%, which could be a cause for concern, however, the increase in creditors suggests improved debt management. The company’s unaudited financial statements, prepared by Galloways Accounting, don’t mention an auditor, likely due to its small size.

Overall, Flipfile Ltd appears to be financially stable, with growing assets and equity, but the decrease in trade debtors should be monitored. The company’s long history and established import operations suggest a resilient business model, despite the financial pressures that all businesses face.

Registered in England/Wales under the registration number 02212020, with a registered address at BN17 7HD, England, Littlehampton, Unit 4 Lineside Industrial Estate Arndale Road, Wick.

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