Fresco Solar Shading Llp

Fresco Solar Shading Llp from Leeds UK is a small, active company founded 16 years ago. With 11 employees and £627,954 in assets, it’s a well-established operation overseen by five directors and one owner. The company regularly imports electrical machinery and equipment, with seven months of import activity recorded as of August 2024. It has a real address and is probably real as only three companies registered at the address.

The company's website is currently unavailable, making it difficult to determine its exact business model. However, it’s likely focused on supplying solar shading products, given its name. Without a website, it’s impossible to say if it operates an e-commerce platform or primarily engages in B2B sales.

Financially, Fresco Solar Shading Llp shows a mixed picture. Current assets decreased by 9.4% to £630,000, while net assets dropped 20% to £120,000. Bank borrowings decreased by 37%, reaching £17,000, and cash reserves fell 11% to £16,000. Creditors decreased by 10%, suggesting better 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) helps it stay agile, but the decline in net assets is something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s financial data also reveals some interesting trends. Accumulated depreciation impairment property plant equipment decreased by 60% for motor vehicles, but increased by 37% for plant machinery. This could be due to asset disposals or changes in depreciation methods. The company has also reported an increase from depreciation charge for plant machinery. Overall, Fresco Solar Shading Llp appears to be a stable, but small, business facing some financial pressures.

Registered in England/Wales under the registration number OC339568, with a registered address at LS12 1AL, Leeds, West Yorkshire, Unit 2 Springwell Court, Holbeck Lane.

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