Flo-mech. Limited

Flo-Mech Limited, based in Peterborough, UK, is a large, holding company with an active status, celebrating 50 years in business since its incorporation in November 1974. The company employs 56 people and boasts impressive assets of £22,038,670, generating a yearly revenue of £29,425,698. With eight directors and one owner, Flo-Mech holds a perfect 5.0 Google rating based on three reviews, reflecting a positive reputation. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 257 months of import activity and 221 months of export activity recorded.

Flo-Mech specializes in providing comprehensive solutions for the food processing industry, offering process systems, equipment, project management, engineering design, and technical innovation. The company’s website highlights its expertise in designing, selling, and installing plant used in commercial food processing, and even includes a division focused on high-end piano restoration.

Financially, Flo-Mech’s recent performance shows some concerning trends. While turnover remained steady at £29,425,698, current assets decreased by 8.9% to £22,000,000. Bank borrowings increased by 70%, reaching £3,500,000, and cash reserves fell by 70% to £3,500,000. Creditors, however, decreased by 10%, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) allows for agility, but the significant drop in cash reserves and increased borrowing could indicate tighter financial conditions. No auditor is mentioned, likely due to the company’s small size and exemption from full auditing requirements.

Overall, Flo-Mech Limited appears to be a well-established company facing some financial headwinds. The company's diverse service offerings and strong reputation suggest potential for future growth, but managing cash flow and reducing borrowing will be critical for long-term sustainability.

Registered in England/Wales under the registration number 01190214, with a registered address at PE2 5YA, Peterborough, Cambridgeshire, Flo-Mech House, Paxton Road, Orton Goldhay.

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