Frimpeks Limited

Frimpeks Limited, based in Market Harborough, UK, is a sizable holding company with an active status. Founded ten years ago in 2015, it employs seventy-six people and boasts impressive assets of £8,567,120. The company generated a yearly revenue of £21,822,529, demonstrating a robust financial performance. With two directors and one owner, and a stellar 5.0 Google rating from sixteen reviews, Frimpeks has established a strong reputation. It regularly imports and exports paper and paperboard products, with a long history of both activities.

The company's website reveals a diverse range of activities, primarily focused on the manufacture and distribution of pressure-sensitive self-adhesive label stock. However, it also highlights a significant presence in the piano restoration business, operating under the brand 1066 Pianos. This division, with a history spanning nearly a century, provides museum-grade restoration services and even has a showroom in Harrods, London. The website showcases a wide array of products and services, including high-visibility workwear, fire extinguishers, and safety signage, catering to both commercial and industrial customers.

Financially, Frimpeks Limited’s report indicates some concerning trends. While turnover remains substantial, net assets have plummeted 73% to just £16,000. Bank borrowings have increased significantly, reaching £29,000, and cash reserves have fallen 30% to £28,000. Creditors, however, have decreased by 18%, suggesting improved debt management. The company is classified as a large company, meeting two of three criteria, and the lack of an auditor mentioned suggests the accounts are unaudited.

The dual nature of Frimpeks – a large-scale paper and label distributor alongside a prestigious piano restoration business – presents an interesting dynamic. While the paper distribution side shows signs of financial strain, the piano division’s heritage and high-end services offer a potential source of stability. Whether these two arms can sustain each other in the long term remains to be seen, but Frimpeks's established reputation and diverse offerings position it for continued operation.

Registered in England/Wales under the registration number 09390816, with a registered address at LE16 7QF, England, Market Harborough, Leicestershire, 1b Euro Business Park.

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