Fuellink Systems Ltd

Fuellink Systems Ltd, based in Edinburgh, UK, is a small holding company with an active status, established 14 years ago. Employing just one person, the company holds £800,212 in assets and operates from a real address shared by five other businesses. Led by two directors and one owner, it maintains a perfect 5.0 Google rating based on a single review. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import activity recorded one month ago in November 2021.

Fuellink Systems Ltd's core business revolves around fuel management systems, as evidenced by its website. The site showcases a range of products and services, including fuel management systems, VINIE telematics integration, and fuel tanks, pumps, and equipment. It caters to commercial fuelling needs, offering solutions for live fuelling, fuel tank control, and vehicle identification. The website also highlights partnerships with companies like BOC Gases and Parks of Hamilton, emphasizing superior service and rapid fault response times. The company operates from The Triscan Group, 4 Petre Court, Clayton Business Park, Accrington, BB5 5HY.

Financially, Fuellink Systems Ltd presents a mixed picture. While cash reserves increased significantly by 110% to £620,000, current assets also grew by 64% to £800,000. However, net assets only increased slightly by 3.4% to £94,000. Bank borrowings surged by 2,100% to £310,000, and trade debtors decreased by 27% to £93,000. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the substantial increase in borrowings and the relatively low equity raise concerns. The company is exempt from audit, so the figures are unaudited. The increase in bank borrowings suggests the company is burning through cash, potentially to fund growth or cover operational expenses. The lack of employees (only one reported) indicates a lean operation, but the need for external financing suggests it's not entirely self-sufficient.

Registered in Scotland under the registration number SC385225, with a registered address at EH2 2AF, Scotland, Edinburgh, C/O Wright, Johnston & Mackenzie Llp The Capital Building, 12-13 St. Andrew Square.

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