Fluorocarbon Limited

Fluorocarbon Ltd, based in Stevenage, UK, is a small holding company with an active status, celebrating 63 years in business. Employing 52 people, the company holds assets worth £3,883,685 and generates annual revenue of £9,174,867. With a real address and four directors, including one owner, Fluorocarbon Ltd operates as a regular importer and exporter of plastics and plastic products, with 135 months of import activity and 190 months of export activity.

The company's website showcases a diverse range of services and products centered around fluoropolymer technology. Fluorocarbon Ltd specializes in the design and manufacture of high-performance sealing systems, bearings, and fluoropolymer hoses for industries like power, aviation, and oil. They offer services including machining, engineering, sealing solutions, structural bearings, and coatings, catering to both standard and bespoke requirements. The website also highlights the company's expertise in piano restoration, a separate venture operating from Cambridge with a showroom in Harrods. This division focuses on museum-grade restorations, self-play system integrations, and disaster recovery for damaged pianos.

Financially, Fluorocarbon Ltd presents a mixed picture. While turnover remained relatively stable, several key metrics indicate potential pressures. Cash bank on hand increased significantly by 92% to £650,000, a positive sign of liquidity. However, accrued liabilities and deferred income rose by 64% to £250,000, suggesting increased short-term obligations. Depreciation expense on plant and machinery increased by 74% to £50,000, which could reflect investments in equipment or accelerated wear and tear. The company's net assets increased by 69% to £2,500,000. Trade debtors decreased by 9.1% to £2,300,000, suggesting better debt collection. 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 increased liabilities warrant close monitoring. Rothmans Audit LLP is the auditor, and the accounts are audited.

Overall, Fluorocarbon Ltd appears to be a well-established player in its niche market, but the financial data suggests a need for careful management of short-term obligations and continued investment in its operations.

Registered in England/Wales under the registration number 00693240, with a registered address at SG1 2AD, England, Stevenage, Hertfordshire, Argyle Gate, Argyle Way.

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