Frostechnic Limited

Frostechnic Ltd from Aylesbury UK: a small company with an active status, was founded 31 years ago, employs 26 people, and holds £409,259 in assets. It operates from a virtual address, managed by three directors and two owners, and boasts a perfect 5.0 Google rating from a single review. The company is an irregular importer of clocks, watches, and their parts, with just one month of import activity recorded as of May 2022.

The company's website is non-existent, making it impossible to determine if they operate an e-commerce site or have any online presence. This lack of visibility could be a missed opportunity for growth, but it also suggests a focus on business-to-business sales or a more traditional sales model.

Financially, Frostechnic Ltd presents a mixed picture. Current assets have decreased by 25%, dropping to £410,000, while net assets have fallen by a significant 31%, settling at £220,000. Cash reserves have also taken a hit, declining 88% to just £19,000. Bank borrowings have been eliminated, which is a positive sign, but the drop in cash and equity raises concerns about liquidity. Trade debtors have increased by 20%, which could be a sign of customers taking longer to pay, or a deliberate strategy to boost sales. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in equity suggests potential financial strain. As a small company, it is exempt from an audit, so the financial statements are unaudited.

The company’s business, operating in the specialised construction activities sector, seems to be a niche area. The irregular import activity suggests a focus on sourcing specific components rather than large-scale distribution. While the company’s Google rating is excellent, the lack of online presence and the financial pressures indicate a need to reassess its growth strategy.

Registered in England/Wales under the registration number 02880840, with a registered address at HP20 2PB, England, Aylesbury, Buckinghamshire, C/O Aps Accountancy Limited 4 Cromwell Court, New Street.

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