Flipstock Ltd

Flipstock Ltd, based in London, UK, is a small holding company with an active status, established twelve years ago in 2012. The company employs four people and holds £1,644,638 in assets. It has a real registered address and is managed by one director and two owners. Flipstock Ltd regularly imports machinery, boilers, and mechanical appliances – parts, with 30 months of import activity recorded, the latest in February 2025. It also occasionally exports electrical machinery and equipment, with just one month of export activity as of October 2024.

The company’s website, Flipstock, focuses on connecting motor traders to streamline their stock management and trading processes. It offers a platform for sellers to quickly sell vehicles and buyers to access high-quality stock with detailed appraisals. The site highlights fast stock turnover, improved cash flow, and an easy-to-use trading process, with testimonials from satisfied clients praising its efficiency and reliability. It even has a "Car of the Month" section to showcase curated vehicles.

Financially, Flipstock Ltd presents a mixed picture. Cash bank on hand dropped by 37% to £85,000, while finished goods and goods for resale increased by 36% to £1.2 million. Trade debtors, however, suffered a dramatic 90% decrease to just £30,000 – a significant concern. Net assets, though, improved substantially, increasing by 440% to £82,000. Creditors also decreased by 23% to £490,000. 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 remain flexible, but the sharp decline in debtors warrants attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Flipstock Ltd appears to be navigating a period of change. While its website suggests a focus on efficient trading, the financial data indicates some challenges in managing receivables. The company’s ability to maintain its growth trajectory will depend on addressing these issues and leveraging its established network of motor traders.

Registered in England/Wales under the registration number 08221949, with a registered address at W2 1EZ, England, London, 1205 Aster House North Wharf Road.

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