Fred Cutler Limited

Fred Cutler Ltd, based in Bury St Edmunds, UK, is a small, active company founded 17 years ago. It employs eight people and holds £1,279,393 in assets, though its registered address is a virtual one shared by 47 other companies. The business is run by three directors and one owner, and boasts a respectable Google rating of 4.0 based on four reviews. Fred Cutler Ltd regularly imports clothing and accessories (excluding knitted or crocheted items), with recent import activity recorded over the last four months.

The company operates in the retail sale via mail order houses or via internet industries, suggesting an e-commerce focus. While a dedicated website isn's immediately apparent, the business likely leverages online platforms to reach customers. It’s unclear if the company has a physical storefront or showroom.

Financially, Fred Cutler Ltd presents a mixed picture. Current assets remained relatively stable at £1,300,000, but net assets decreased slightly to £2,400,000. Bank borrowings increased significantly by 2400% to £29,000, and cash reserves fell 30% to £590,000. Creditors decreased by 36%, suggesting improved debt management. 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 agility, but the increase in borrowings is something to keep an eye on. As a small company, it’s likely exempt from an audit, so the figures are unaudited.

The company's financial statements reveal a decrease in the value of motor vehicles, which may indicate a strategic decision to reduce operating costs. The company’s focus on importing clothing and accessories, combined with its online retail model, suggests a competitive landscape. Whether Fred Cutler Ltd can maintain its financial health and capitalize on market trends remains to be seen.

Registered in England/Wales under the registration number 06460101, with a registered address at IP32 7GY, Bury St Edmunds, Suffolk, Greenwood House, Greenwood Court.

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