Frisby Limited

Frisby Limited, based in Wadebridge, UK, is a small, active company with a rich history, having been founded 62 years ago in 1962. With eight employees and £454,601 in assets, it operates from a virtual address – a fact highlighted by the presence of 33 other companies registered at the same location. The company is led by two directors and owned by one person, William James Frisby, who also acts as a solo founder. Frisby Limited regularly imports clothing and accessories, excluding knitted or crocheted items, with 13 months of import activity recorded.

The company’s primary focus is courier services, operating under the name Frisby Couriers. Established in 378 by the grandfather of the current MD, Steve Frisby, the business emphasizes personal, reliable service and a customer-focused approach. They specialize in urgent deliveries and collections across the UK, Ireland, and Europe, catering to both blue-chip companies and smaller businesses. Frisby Couriers boasts a fleet of vehicles, ranging from vans to rigids, and utilizes computer-linked telematics to keep customers informed. The company also runs a warehousing service.

Financially, Frisby Limited shows a mixed picture. While cash reserves increased by 19% to £93,000, net assets only grew by 3.5% to £770,000. Bank borrowings decreased by 5% to £97,000, and current assets increased by 5.9% to £450,000. Creditors increased by 8.3% to £58,000, and trade creditors decreased by 67%. 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 flexibility, but the increase in creditors suggests a need to manage cash flow. The company is exempt from an audit, and the financial statements are unaudited.

Registered in England/Wales under the registration number 00726737, with a registered address at PL27 6HB, United Kingdom, Wadebridge, Cornwall, Alexander & Co Schooners Business Park, Bess Park Road.

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