Flp Solutions Ltd

FLP Solutions Ltd, based in Macclesfield, UK, is a small, active company established 26 years ago. Employing 16 people, it holds £642,564 in assets and operates from a virtual address – a detail flagged by the presence of ten companies registered at the same location. The business is run by three directors and owned by two individuals, though the list of owners changed eight years ago. It’s a regular importer and exporter of machinery, boilers, and mechanical appliances, with 173 months of import activity and 53 months of export activity recorded.

The company’s website reveals a core business in IT recycling and disposal services. FLP Solutions Ltd provides refurbished IT hardware and recycling solutions to companies and IT maintenance providers worldwide. The business emphasizes a quality-assured supply chain, professional staff with a combined 200 years of industry experience, and ISO certifications (9001, 27001, and 14001). They even offer piano restoration services through their associated company, 1066 Pianos.

Financially, FLP Solutions Ltd shows some concerning trends. Current assets have decreased by 11% to £640,000, while net assets have fallen 7.1% to £390,000. Bank borrowings have increased significantly, and cash reserves have dropped. Trade debtors have decreased by 32%, which is good, but creditors have risen by 18%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the equity decline suggests potential financial pressure. As a small company, it’s likely exempt from an audit, so the figures are unaudited.

Overall, FLP Solutions Ltd seems to be navigating a period of change. While its IT recycling business appears well-established, the financial data hints at challenges. Whether the company can sustain its growth and profitability remains to be seen, but its focus on quality and customer service provides a solid foundation.

Registered in England/Wales under the registration number 03638249, with a registered address at SK11 6XN, Macclesfield, Cheshire, 2 Statham Court, Statham Street.

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