Form Rifle Stocks Limited

Form Rifle Stocks Ltd, based in Exeter, UK, is a small, active company established nine years ago in 2015. With four employees and £125,811 in assets, it operates from a virtual address—a detail worth noting as nineteen companies share the same location. The business is led by a single director and owner, who is also the solo founder. It’s a modest operation, meeting two of the three criteria to be considered small: turnover under £10.2 million and assets under £5.1 million.

The company’s activities are somewhat unusual. It’s an irregular importer, bringing in wood and wood products for just two months out of the last year, with the most recent import occurring in August 2023. Conversely, it's a regular exporter, specializing in weapons and ammunition—five months of exports recorded, the last in September 2024. The company operates in the machining industries.

Financially, Form Rifle Stocks Ltd presents a mixed picture. Cash bank on hand has fallen significantly, dropping 56% to £33,000. Trade debtors have increased by 38%, reaching £31,000, while creditors have also risen, increasing by 7.7% to £25,000. Perhaps most concerning is the decline in equity, which has fallen 1.4% to -£85,000. Bank borrowings have decreased by 27%, now standing at £20,000. The company’s small size helps it remain flexible, but the drop in equity and cash reserves warrants attention. The lack of an auditor—likely due to its small size—means these figures are unaudited. It's a little worrying that the company has a negative equity.

Registered in England/Wales under the registration number 09757573, with a registered address at EX1 1QT, Exeter, 5 Barnfield Crescent.

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