Fountaineers Limited

Fountaineers Limited is a small, holding company based in Colchester, UK, with an active status. Established 29 years ago in 1996, the company employs nine people and holds £427,508 in assets. It operates from a virtual address, registered with 131 other companies, and is managed by one director and one owner. The company regularly imports electrical machinery and equipment, with the last import operation made in August 2024.

The company's website showcases a focus on recreational water engineering, offering custom water fountains, irrigation systems, splash pads, and lake fountains. It provides design, installation, and maintenance services from its base in the South East of England, serving clients across the UK. The company also has a showroom in London.

Financially, Fountaineers Limited presents a mixed picture. Current assets have surged by 150% to £430,000, while net assets have increased by a significant 130% to £230,000. Cash reserves have also seen a substantial increase of 28% to £100,000. However, creditors have risen dramatically by 150% to £210,000, and trade debtors have ballooned by 360% to £210,000. Bank borrowings have also increased, suggesting the company is leveraging debt to fuel growth. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debt warrants attention. As a small company, it’s likely exempt from an audit, relying on unaudited financial statements. The company's debt increase could be a result of expansion or investment in new projects, but it's important to monitor its ability to manage these obligations.

Registered in England/Wales under the registration number 03186890, with a registered address at CO2 7BA, England, Colchester, Essex, Ground Floor Southway House, 29 Southway.

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