Foton Limited
- Small
- Active
- 18 years
- 3 employees
- £479,092 (assets)
- Virtual address
- 1 director
- 1 owner
- Regular importer
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
Summary
Foton Limited, a small, active company based in Cheshire, UK, has been importing vehicles, parts, and accessories for eighteen years. Founded in 2007, the company employs three people and holds £479,092 in assets. It operates from a virtual address, registered at Hlb House, and is managed by a single director and owner, Pearce Stephen Peter. While the company is a regular importer, with its last import activity occurring in September 2024, it also operates in the wholesale of agricultural machinery, equipment and supplies.
The company’s website showcases a wide range of vehicles, from light-duty trucks to buses and electric models, catering to both domestic and international markets. It emphasizes innovation and sustainability, with sections dedicated to eMobility and a focus on partnerships like the ZF Hybrid cooperation. News sections highlight recent milestones, including rolling out its millionth overseas vehicle in Thailand and unveiling a new Asia-Pacific strategy. The site also features a press portal and a section for used vehicles, indicating a diverse business model.
Financially, Foton Limited presents a mixed picture. Current assets have significantly decreased by 37%, dropping to £480,000, while net assets have fallen by 40% to £87,000. Cash reserves have also declined, dropping 22% to £38,000. Bank borrowings have increased, and creditors have decreased, suggesting a need to manage debt. The company’s small size—meeting two of three conditions for a small company—helps it remain agile, but the decline in equity raises concerns. The company is exempt from an audit, so the figures are unaudited.
It appears Foton Limited is facing some financial pressure, despite its active import business and diverse product range. The company's reliance on a single director and its virtual address also suggest a lean operation, which may be both a strength and a weakness in the current economic climate.
Registered in England/Wales under the registration number 06210451, with a registered address at CW6 0AT, Cheshire, Hlb House, 68 High Street, Tarporley.
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
- 18 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Total exemption full accounts made up to 2023-12-31Download 10 pages pdf report
-
Termination of appointment of Matthew Peter James Pearce as a director on 2024-09-10Download 1 page pdf report
-
Confirmation statement made on 2024-06-30 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Foton Limited
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