Fordingbridge Plc

Fordingbridge Plc, based in Arundel, UK, is a well-established company with a 35-year history, currently employing 41 people. The company boasts a substantial asset base of £3,351,916 and generates annual revenue of £7,584,881. A real address and five directors steer the business, which is owned by Baxter Anthony John and Way Edward James. The company maintains a stellar 5.0 Google rating based on eight reviews. Fordingbridge Plc is a regular importer of aluminum and aluminum products, with 10 months of import activity recorded, and exports furniture, lighting, and prefabricated buildings for six months.

The company specializes in providing structural canopy and walkway solutions across various sectors, including education, retail, sports, and emergency services. Its website highlights a wide range of products, from school canopies to padel court covers, and emphasizes turnkey solutions, sustainable construction, and bespoke design services. Fordingbridge Plc works closely with clients, contractors, and planners, offering design, manufacture, and installation services.

Financially, Fordingbridge Plc’s recent performance presents a mixed picture. While cash bank on hand increased significantly by 44% to £2,100,000, turnover decreased by 3.7% to £7,600,000. Net assets increased by 8.8% to £3,000,000, but net loss deepened to -£23,000. Bank borrowings increased by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. The company is classified as a large company, having met two of three criteria for size. The lack of an auditor mentioned likely reflects its exemption as a small company, so the figures rely on unaudited statements.

The trends suggest Fordingbridge Plc is navigating a challenging economic climate, with increased borrowing and a deeper net loss. However, the growth in cash reserves and improved debt management indicate a focus on financial stability. The company’s established reputation and diverse range of services position it well to weather the storm, but ongoing monitoring of financial performance will be crucial.

Registered in England/Wales under the registration number 02450755, with a registered address at BN18 0SD, Arundel, West Sussex, Arundel Road, Fontwell.

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