Frelan Hardware Limited

Frelan Hardware Limited, based on Streatham Road in Mitcham, UK, is a small, active company celebrating 51 years in business. Founded in 31 October 1973, it employs 35 people and holds assets valued at £5,855,362. With six directors and two owners, the company operates a real address and boasts an e-commerce site, regularly importing and exporting miscellaneous metal items – 654 months of imports and 146 months of exports recorded.

The company specializes in architectural hardware, offering a wide range of door furniture, cabinet fittings, and window hardware through its website. It caters to both residential and commercial clients, with a particular focus on high-quality products and bespoke solutions. The website also highlights a commitment to downloadable content, fitting instructions, and a blog showcasing its expertise.

Financially, Frelan Hardware Limited presents a mixed picture. Current assets increased by 16%, reaching £5.9 million, while cash reserves decreased by 64%, dropping to £100,000. Trade debtors have surged by 65%, reaching £2.9 million, suggesting potential challenges in collecting payments, and creditors increased by 28%, reaching £1.4 million. Equity has grown by 12%, reaching £4.5 million, which is a positive sign, but the decline in cash reserves warrants attention. The company meets the criteria for a small business, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, likely due to its small size.

Overall, Frelan Hardware Limited seems to be growing, but the significant increase in debtors and the decrease in cash reserves suggest it might be stretching its resources. The company’s long history and established online presence are strengths, but managing cash flow will be crucial for sustained success.

Registered in England/Wales under the registration number 01138414, with a registered address at CR4 2AP, Streatham Road Mitcham, Surrey, Unit 10, Mitcham Industrial Estate.

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