Fro Systems Limited
- Small
- Active
- 20 years
- 1 employee
- £157,558 (assets)
- Real address
- 2 directors
- 1 owner
- Regular importer
- Solo founder
- E-commerce
- Rating 4.0 (6)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Fro Systems Ltd, based in Rowley Regis, UK, is a small, active company established 20 years ago. With a single employee and £157,558 in assets, it’s a solo-founded operation managed by two directors and one owner. The business runs an e-commerce site and maintains a 4.0 Google rating from six reviews. It’s a regular importer, although its top import category is listed as "None" with only three months of import activity recorded, the last being in 2020.
The company operates in the retail sale via mail order houses or via internet industries. Its website, while not directly accessible, suggests a focus on camping and outdoor equipment. It’s a family-run business, and the site mentions a connection to a piano restoration business, 1066 Pianos, although the relationship isn’s entirely clear.
Financially, Fro Systems Ltd presents a mixed picture. Current assets have decreased by 4.5% to £160,000, while net assets have fallen by 15% to £79,000. Cash bank on hand has also declined significantly, dropping 38% to £4,800. Creditors have increased by 8.7% to £80,000, and trade debtors have fallen by 2%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity is a cause for concern. The accounts are unaudited, likely due to the company’s small size, and no auditor is mentioned.
Overall, Fro Systems Ltd seems to be navigating a period of financial pressure. While the e-commerce site appears to be performing well, the underlying financials suggest a need for careful management and a focus on improving profitability.
Registered in England/Wales under the registration number 05150580, with a registered address at B65 0SN, Rowley Regis, West Midlands, Unit 4-6, Griffin Industrial, Estate, Pencricket Lane.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Mccann Mark James
- 9 years
- 4
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Mccann Mark James
- 20 years
- 6
-
Resident of United Kingdom
-
Individual
- Moule Nicola
- 20 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Confirmation statement made on 2024-06-10 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-08-31Download 7 pages pdf report
-
Confirmation statement made on 2023-06-10 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
Last imported products
FAQ about Fro Systems Limited
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