Fo (rochdale) Ltd

Fo (rochdale) Ltd, based in Preston, UK, is a small, active company founded eight years ago in 2016. It employs twelve people and holds £830,296 in assets. The company is led by two directors and owned by Amanji Salim, who is also the solo founder. It regularly imports toys, games, and sports equipment, with the last import activity recorded three months ago.

The company operates in the other amusement and recreation activities n.e.c. industries, and its website, Walkers of Rochdale Ltd, specializes in engine reconditioning and component remanufacturing. They offer services like cylinder head remanufacturing, engine block work, and grinding, catering to both domestic and commercial customers, particularly those with German engines. The company also offers a complete service, including collection, delivery, diagnostics, and engine rebuilding.

Financially, Fo (rochdale) Ltd shows a mixed picture. Current assets have decreased by 9.6% to £830,000, while net assets have fallen by 17% to £830,000. Bank borrowings have decreased by 14% to £32,000, and cash reserves have fallen by 1.6% to £620,000. Creditors have increased by 20% to £420,000, and debtors have fallen by 27% to £210,000. Equity has decreased by 31% to £380,000. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the drop in equity raises some questions. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Fo (rochdale) Ltd seems to be facing some financial pressures, though it’s still operating. The engine reconditioning business appears to be a stable niche, but the company will need to manage its debts and equity to ensure long-term sustainability.

Registered in England/Wales under the registration number 10279190, with a registered address at PR2 8JT, United Kingdom, Preston, 6 Empress Avenue, Fulwood.

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