Fonteyn Ltd

Fonteyn Ltd, based in Leicester, UK, is a small holding company with an active status, established three years ago. Employing just one person, the company holds assets worth £2,033,687 and operates an e-commerce site. It’s a regular importer of optical and medical tools and devices (27 months) and a regular exporter of furniture, lighting, and prefabricated buildings (15 months). The company has a real address and is overseen by one director and two owners.

Fonteyn Ltd’s core business appears to be the sale of outdoor living products, particularly spas, swim spas, and garden furniture, as showcased on its website. The site emphasizes a large showroom and a wide selection of products, catering to both retail and trade customers. The company also offers services like piano restoration, which is a bit unusual.

Financially, Fonteyn Ltd shows some concerning trends. While assets remain relatively stable, the company’s net assets have taken a significant hit, dropping by a staggering 120% to -£2,300,000. Cash reserves have also declined substantially, falling 58% to £33,000. Bank borrowings have increased by 2,400%, reaching £29,000, and trade debtors have fallen 890% to zero. Creditors, however, have risen by 38%, suggesting increased reliance on short-term financing. 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 flexibility, but the sharp decline in equity is a red flag. The company's accounts are unaudited, meaning there's no external verification of these figures.

The company's auditor is Mayfield & Co. The company’s rapid expansion into various product categories, combined with the financial pressures, suggests a need for careful management. It’s unclear if the company is burning through money, but the trends warrant close monitoring.

Registered in England/Wales under the registration number 13904471, with a registered address at LE19 1WR, England, Leicester, 19 Meridian North, Meridian Business Park.

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