Fr Systems Ltd

Fr Systems Ltd, based in Stoke-on-Trent, UK, is a small, holding company with an active status. Founded 22 years ago in 2002, the company employs 10 people and holds £675,483 in assets. It operates from a virtual address, registered at a location shared by 31 other companies, and is managed by two directors and one owner. The company boasts a perfect 5.0 Google rating based on 12 reviews and regularly imports optical and medical tools and devices, with the last import occurring in August 2024.

The company's website, Fr Systems Sports Timing, focuses on providing timing, results, online entry, and fulfilment services to the sports event industry. They cater to a wide range of events, from marathons and triathlons to fun runs, and offer services like event fulfilment, online entry systems, and even safety system management. For 36 years, Fr Systems has been a key player in the mass participation sports industry, providing timing and results services to over 200 events annually. Their website highlights a history of working with prestigious events like the Edinburgh Marathon Festival and the Great North Run.

Financially, Fr Systems Ltd shows some concerning trends. Creditors have increased significantly by 25%, reaching £440,000, while debtors have plummeted by 42%, sitting at just £84,000. Cash reserves have improved, rising 29% to £580,000, which is a positive sign. However, net assets have only increased slightly by 3.6% to £480,000. Bank borrowings have remained steady, and the company's small size (meeting two of three conditions for being classified as small) means it's exempt from an audit. The increase in creditors, coupled with the decrease in debtors, suggests the company might be struggling to collect payments from customers, or perhaps is extending credit terms. The lack of an auditor mentioned means the financial data is unaudited.

Registered in England/Wales under the registration number 04469182, with a registered address at ST10 1BB, Stoke On Trent, 1 Tape Street, Cheadle.

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