Frenstar Limited

Frenstar Ltd from London UK: a small, active company founded 47 years ago, employs five people, and holds £3,322,470 in assets, operates from a virtual address, and is managed by two directors and one owner. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 134 months of import activity and 103 months of export activity.

The company’s core business revolves around the supply and distribution of industrial valves, as evidenced by its website, Frenstar Valves. It’s a market leader, providing butterfly, ball, and air vacuum valve solutions to global clients including BP, Shell, and ExxonMobil. The company also boasts a history of providing valve solutions for 45 years, and even has a showroom in Harrods, London. It’s a project solution specialist, providing valve stock and manufacturing services.

Financially, Frenstar Ltd shows a mixed picture. Cash bank on hand increased significantly by 120%, reaching £1,700,000, while current assets also increased by 49%, reaching £3,300,000. However, net assets increased by 24%, reaching £1,800,000, and trade debtors increased by 20%, reaching £1,100,000. Creditors increased by 97%, reaching £1,500,000, and bank borrowings surged by 4,500%, reaching £850,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in bank borrowings raises questions. The company’s accounts were audited by McKeague Morgan & Company.

Registered in England/Wales under the registration number 01325773, with a registered address at EC4M 7JN, England, London, Office 7 35-37 Ludgate Hill.

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