Fripper Limited

Fripper Limited is a small, active company based in Somerton, UK, founded five years ago in 2020. It employs two people and holds £788,957 in assets, operating from a real address and managed by two directors and a single owner—a solo founder. The company runs an e-commerce site and is an irregular importer, specializing in stone, plaster, cement, and similar material products, with its last import activity recorded one month ago in March 2024.

The website showcases a business dedicated to limited slip differentials (LSDs), offering a range of products and services, including online sales, spares, servicing, and technical support. Gripper LSD, as it's known, manufactures LSD units for domestic and racing applications, boasting over 16 years of experience and in-house design and machining capabilities. The company caters to various motorsport and road car applications, with specialized settings for rallying and other demanding conditions. It also has a showroom in Harrods, London.

Financially, Fripper Limited presents a mixed picture. While current assets remain stable at £770,000, net assets increased by 1.4% to £2,400,000. However, cash reserves declined significantly, dropping 97% to just £130. Bank borrowings increased by 10%, reaching £13,000, and trade creditors rose by 62%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp drop in cash reserves is concerning. With no auditor mentioned, the figures are unaudited.

Overall, Fripper Limited appears to be navigating a period of change. While its LSD business seems to be thriving, the financial data suggests a need for careful management of cash flow and debt.

Registered in England/Wales under the registration number 12521168, with a registered address at TA11 6BW, United Kingdom, Somerton, Somerset, Mayfield Blind Lane, Barton St David.

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