Forel Uk & Ireland Ltd

Forel Uk & Ireland Ltd, based in Stansted, UK, is a small, active company founded three years ago. Employing five people, it holds £769,443 in assets and operates from a real address, managed by two directors and a single owner, who is also the solo founder. The company regularly imports machinery, boilers, and mechanical appliances, parts, with 8 months of import activity recorded.

The company’s website showcases a specialized manufacturer for flat glass and double glazing machinery. It offers a wide range of solutions, from cutting laminated glass to vertical edge processing and glass sorting. The site highlights its services, including machinery installation, technical assistance, and spare parts training, catering to a global network of clients. It’s clear that Forel isn’s just a supplier; it’s a solutions provider, with a focus on innovation and customer support.

Financially, Forel Uk & Ireland Ltd shows some concerning trends. Creditors have risen sharply, increasing by 40% to £710,000, while net assets have decreased by 24% to -£48,000. Cash reserves have also fallen, dropping 110% to £230,000. While trade debtors have decreased by 12%, suggesting better debt collection, the overall picture is one of increased financial pressure. The company’s small size—meeting two of three conditions for being considered small—helps it remain agile, but the decline in equity is a cause for concern. The company’s accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Despite these challenges, Forel’s focus on specialized machinery and its global network suggest a potential for growth. The company’s website and activities point to a business that is actively innovating and serving a niche market, but the financial data indicates a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 13436426, with a registered address at CM24 8GF, United Kingdom, Stansted, Essex, Unit 3 M11 Business Link, Parsonage Road.

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