Ft Technologies (uk) Ltd

Ft Technologies (uk) Ltd, based in Sunbury-on-Thames, UK, is a large, active company established seventeen years ago. With 119 employees and £18,020,210 in assets, it’s a significant player in its sector. The company, which boasts a perfect 5.0 Google rating from four reviews, operates from a real address and is overseen by three directors and three owners. It regularly imports electrical machinery and equipment (53 months) and exports optical and medical tools and devices (3 months).

The company specializes in the design and manufacture of acoustic resonance wind sensors, a niche market catering to industries like wind energy, navigation, and weather monitoring. Its website highlights the durability and precision of its sensors, emphasizing their use in critical applications worldwide. The company’s products are used in a variety of industries, from commercial ships to powerline transmission.

Financially, Ft Technologies (uk) Ltd presents a mixed picture. While turnover remained stable at £13,402,303, current assets decreased by 7.3% to £18,000,000. Bank borrowings increased by a substantial 110%, reaching £650,000, while cash reserves declined by 1.5% to £1,800,000. However, creditors decreased by 12%, indicating improved debt management. The company meets two of three criteria for a large company: turnover more than £36 million, balance sheet total more than £18 million, and employees more than 250. Deferred tax liabilities increased by 23%, and the company’s net loss deepened, suggesting increased expenses. The company's auditor is Stephenson Smart (East Anglia) Limited.

These financial trends could be attributed to several factors, such as increased competition in the wind sensor market, rising raw material costs, or investments in research and development. The company’s long-standing reputation and focus on high-quality products should help it navigate these challenges, but continued monitoring of its financial performance is crucial.

Registered in England/Wales under the registration number 06423361, with a registered address at TW16 7DX, England, Sunbury-On-Thames, Sunbury House, Brooklands Close.

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