Flowstop Services Limited

Flowstop Services Ltd, based in Dartford, UK, is a small, active company established 24 years ago in December 2000. With 12 employees and £12,122,169 in assets, it operates from a real address and is overseen by three directors and two owners. The company regularly imports optical and medical tools and devices, with the last import recorded three months ago, and exports machinery, boilers, and mechanical appliances, parts, with the last export activity also three months prior.

The company’s website showcases a specialist in pipework services, particularly branching saddles and flow stopping techniques. They offer services ranging from under-pressure drilling to grouted tee installations and even manufacture their own gas fittings through Flowstop Engineering in Scunthorpe. They operate across the UK, partnering with large gas networks, and have a reputation for innovation, having won awards for their industry advancements. The website also details a range of services, including pipeline CCTV surveys, hydrostatic testing, and even acoustic pneumatic testing.

Financially, Flowstop Services Ltd shows some interesting trends. While cash bank on hand increased by a substantial 7.4% to £11 million, trade debtors have surged by 74% to £1.2 million, which could indicate delayed customer payments. Net assets have also grown by 13% to £10 million, and average number of employees increased by 42% to 17, suggesting expansion. However, accumulated depreciation impairment for plant and machinery has also risen by 20% to £810,000. Creditors have decreased by 15%, which is a positive sign for debt management. The company, meeting two of three criteria for a small company, is likely exempt from an audit, so the financial information is unaudited.

Overall, Flowstop Services Ltd appears to be growing, with increased activity and a larger workforce. The rise in trade debtors is something to monitor, but the company’s strong reputation and diverse range of services position it well for continued success.

Registered in England/Wales under the registration number 04126392, with a registered address at DA1 4QN, Dartford, Kent, 8 Kennet Road.

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