Food Machinery Solutions Limited
- Small
- Active
- 12 years
- 4 employees
- £1,197,368 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Food Machinery Solutions Ltd, based in Brough, UK, is a small, active company founded twelve years ago in 2012. With four employees and £1,859,119 in assets, it operates from a real address and is managed by one director and owner. The business regularly imports and exports machinery, boilers, and mechanical appliances, including parts, with recent activity recorded in November 2024 for imports and April 2023 for exports.
The company’s core business revolves around the wholesale of other machinery and equipment, operating in a niche market. While a website isn’t available to analyze, its activities suggest a focus on supplying industrial clients with essential equipment and parts. The company's status as a small entity (meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows for agility, but also means it likely avoids extensive public reporting.
Financially, Food Machinery Solutions Ltd presents a mixed picture. Creditors have increased significantly, jumping 470% to £820,000, while cash bank on hand has more than doubled to £820,000. Bank borrowings have decreased by 28% to £26,000. Debtor levels have also increased substantially, rising 120% to £790,000, which could indicate expanding sales but also potential payment collection issues. Net assets have increased by 18% to £530,000. The company’s average number of employees remained constant at four.
The sharp increase in creditors, alongside the rise in debtors, suggests the company may be relying more on credit from suppliers to fund its operations. This could be a short-term strategy to capitalize on sales opportunities, but it also carries risks if payment collections slow down. The company’s lack of an auditor, due to its small size, means these figures are unaudited. Overall, Food Machinery Solutions Ltd appears to be growing, but it’s important to monitor its cash flow and payment collections to ensure long-term financial stability.
Registered in England/Wales under the registration number 08247356, with a registered address at HU15 2EA, England, Brough, East Yorkshire, Prairie Park Common Road, South Cave.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 12 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Total exemption full accounts made up to 2024-10-31Download 10 pages pdf report
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Confirmation statement made on 2024-10-10 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-10-31Download 10 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about Food Machinery Solutions Limited
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