Fumex Limited

Fumex Ltd, based in Hope Valley, UK, is a small, active company founded 20 years ago. With 16 employees and £1,474,811 in assets, it’s a family business led by three directors and two owners. The company boasts a 3.0 Google rating based on just two reviews. Fumex regularly imports machinery, boilers, and mechanical appliances, parts, with 48 months of import activity recorded.

The company operates in the technical testing and analysis industries. Its website is not available to analyze.

Financially, Fumex Ltd shows a mixed picture. Current assets increased by 21% to £1,500,000, while net assets increased by 14% to £1,100,000. Bank borrowings surged by 16% to £780,000, and cash reserves increased by 16% to £670,000. Creditors increased by 43%, suggesting a need to manage debt. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The increase in debtors by 45% may indicate a growth in sales, but also a potential challenge in collecting payments. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Fumex Ltd appears to be growing, but needs to keep a close eye on its debt management. The company’s long-standing presence and family ownership suggest a stable foundation, but the financial data indicates a need for careful monitoring.

Registered in England/Wales under the registration number 05224923, with a registered address at S33 0AD, United Kingdom, Hope Valley, Moor Edge New Road, Bamford.

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