Fountasia Limited
- Liquidation
- Small
- 5 years
- Accounts overdue 1 year
- 19 employees
- £2,017,331 (cur assets)
- Regular importer
- Regular exporter
- Real address
- 1 director
- 1 owner
- Solo founder
- London
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
Social media
Summary
Fountasia Limited is a small, active company based in Tonbridge, UK, founded four years ago in 2020. With £2,017,331 in assets and a real registered address, it’s a solo-founded operation run by a single director and owner, Flynn Abigail. The company operates in the non-specialised wholesale trade industries. It’s a lean operation, employing nineteen people, though this number has decreased to fourteen recently.
Regularly importing toys, games, and sports equipment for sixty-one months, with the latest import in December 2024, Fountasia also exports miscellaneous metal items for fifteen months, with the last export in November 2024. The company’s website is not available, making it difficult to determine the specifics of their online presence.
Financially, Fountasia Limited presents a mixed picture. While cash reserves have increased significantly to £52,000, net assets have only risen slightly to £110,000. Bank borrowings have surged dramatically, reaching £930,000, and trade debtors have ballooned to £1,200,000. Creditors have also increased to £200,000. 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 large increase in debt raises concerns. No auditor is mentioned, so the figures are unaudited.
The substantial growth in bank borrowings suggests Fountasia may be investing heavily in its import and export operations, or perhaps facing increased operating costs. The increase in trade debtors could indicate a shift towards offering credit to customers, which could be a risky strategy if not managed carefully. While the company’s asset base remains strong, the debt levels need to be monitored closely to ensure long-term financial health.
Registered in England/Wales under the registration number 12671812, with a registered address at EC4A 4AB, London, C/O Rsm Uk Restructuring Advisory Llp 25, Farringdon Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 3 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 5 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one year ago.
Last news
-
Notice to Registrar of Companies of Notice of disclaimerDownload 4 pages pdf report
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Registered office address changed from 72 Commercial Road Paddock Wood Tonbridge TN12 6DP England to C/O Rsm Uk Restructuring Advisory Llp 25 Farringdon Street London EC4A 4AB on 2025-05-09Download 3 pages pdf report
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Statement of affairsDownload 10 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Fountasia Limited
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