Fluidmaster Gb Ltd

Fluidmaster Gb Ltd from Hereford, UK, is a large, active company founded 22 years ago. Employing 96 people, it holds £13,571,443 in assets and generates £19,487,081 in yearly revenue. A family business with a solo founder, it’s managed by two directors and owned by four individuals, with a Google rating of 3.0 based on nine reviews. The company regularly imports and exports plastics and plastic products, with 208 months of import activity and 150 months of export activity recorded.

Fluidmaster Gb Ltd operates as a manufacturer and distributor of plumbing products, with a strong focus on toilet cistern replacement valves. Its website highlights a broader range of products, including repair parts, media, and support resources, catering to specifiers, installers, and DIY enthusiasts. The company also has a presence in the piano restoration business, with a showroom in Harrods, London.

Financially, Fluidmaster Gb Ltd shows some concerning trends. While current assets increased by 14%, net assets increased by a modest 4.6%. However, cash bank on hand more than doubled, rising by a remarkable 210%. Bank borrowings increased by 18%, and staff costs decreased by 7.5%. Creditors increased by 19%, and finished goods decreased by 37%. The company’s turnover decreased by 5.1%. The lack of an auditor mentioned suggests the company is exempt.

The significant increase in cash bank on hand suggests a possible shift in financial strategy, perhaps indicating a period of investment or reduced operational expenses. The decrease in finished goods and staff costs, combined with the increase in creditors, could be a sign of challenges in managing inventory and paying suppliers. Overall, Fluidmaster Gb Ltd appears to be navigating a period of transition, with both opportunities and challenges ahead.

Registered in England/Wales under the registration number 04652734, with a registered address at HR2 6JR, Hereford, Twyford Road, Rotherwas Industrial Estate.

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