Folsana Pressed Sections Limited

Folsana Pressed Sections Ltd is a medium-sized, family-run business based in Bolton, England, with a solid 42-year history. Employing 103 people, the company holds assets worth £5.26 million and generates annual revenue of £11.16 million. It’s an active company with five directors and three owners, and boasts a respectable 4.0-star Google rating from eight reviews. The company operates from a real address and regularly imports iron and steel (3 months), though export activity is less frequent (1 month).

Folsana Pressed Sections Ltd specializes in laser cutting, folding, and fabrication of steel, catering to industries like petrochemical, agricultural, and energy. Its website showcases a full range of services, including CNC brake pressing, metal fabrication, and various finishing options. The company’s website is well-maintained and clearly outlines its capabilities and target markets.

Financially, the company shows some concerning trends. While cash bank on hand has increased significantly by 120% to £820,000, accrued liabilities have also risen by 49% to £260,000. The company’s net assets have decreased by 2.5% to £3.5 million. Cost of sales decreased by 14% to £9.3 million, and turnover revenue also decreased by 12% to £11 million. The company’s average number of employees has increased by 2.9% to 110. Despite these challenges, the company’s continued focus on its core services and its lean structure may help it weather these pressures. The company is audited by BTMR Limited.

Overall, Folsana Pressed Sections Ltd appears to be a well-established business facing some short-term financial headwinds. It’s a family business that’s been around for a while, and its focus on quality and customer service suggests it has the potential to remain a successful player in the metal fabrication industry.

Registered in England/Wales under the registration number 01689894, with a registered address at BL3 6BF, Sidney Street, Bolton.

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