Fountain Food Machinery Limited

Fountain Food Machinery Ltd from Wisbech, UK, is a small, active company founded nine years ago. With eleven employees and £684,375 in assets, it operates from a real address and is managed by three directors and two owners. The company is an irregular importer of machinery, boilers, and mechanical appliances; parts (imported for two months), but a regular exporter of the same (exported for forty months). It’s a member of Fountain Group Ltd.

The company’s website, fountainfoodmachinery.co.uk, showcases a wide range of food processing machinery for sale, including metal detectors, checkweighers, and packaging equipment. It also offers services like machinery storage, on-site service, and spider crane hire. A key element is the ability to sell redundant machinery, offering a “hassle-free” clearance service. The site even has a section for used machinery, highlighting its ability to source and supply equipment globally.

Financially, Fountain Food Machinery Ltd presents a mixed picture. Current assets have decreased by 22%, falling to £680,000, while net assets have increased slightly to £640,000. Bank borrowings have surged by 260%, reaching £77,000, and cash reserves have declined by 71%, dropping to £92,000. Trade debtors have increased significantly by 65%, suggesting a possible shift in payment terms or increased sales. The company’s small size—meeting two of three conditions for being a small company—helps it remain flexible, but the decrease in cash reserves could indicate a need for careful financial management. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company.

The company’s focus on both sales and services, along with its ability to handle both new and used machinery, suggests a diversified business model. However, the financial data indicates a need to monitor cash flow and manage debt levels. The increase in trade debtors may be a short-term fluctuation or a longer-term trend that needs to be addressed.

Registered in England/Wales under the registration number 09604864, with a registered address at PE14 9AB, England, Wisbech, The Factory New Road, Upwell.

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