Futura Design Limited

Futura Design Ltd, based in Coventry, UK, is a medium-sized, family-run business with an active status, celebrating 31 years in operation. Employing 41 people, the company holds assets worth £5.49 million and generates an impressive £19.87 million in yearly revenue. With a real address and three directors overseeing operations, it’s a well-established player in its sector. The company is owned by Abel Daniel Alexander and Abel Mark Leonard. Google users rate it a perfect 5.0 based on four reviews. Futura Design regularly imports machinery, boilers, and mechanical appliances, parts, with the last import operation made on November 01, 2024.

The company’s website highlights its expertise in automotive prototyping and low-volume production. They offer a full-service managed approach, from CAD design and engineering to tooling and paint finishing. The site emphasizes a forward-facing vision, selecting the right materials and leading technologies to deliver high-quality, cost-effective solutions. They even offer car detailing services. It’s clear they are targeting businesses seeking specialized manufacturing services, not direct-to-consumer retail.

Financially, Futura Design shows a mixed picture. While cash reserves dipped by 46% to £810,000, current assets increased by 26% to £5.5 million. Bank borrowings have also increased, with a 26% rise in current borrowings. However, creditors have risen significantly, up 53% to £1.7 million, which could indicate a need to manage debt more effectively. The company’s turnover has decreased by 11%, dropping to £20 million, which is something to keep an eye on. The company’s auditor is Prime. The company is a medium sized company, meeting two of three criteria: turnover under £36 million, assets under £18 million, and fewer than 250 employees.

Overall, Futura Design appears to be a stable, albeit slightly stretched, business. The company’s focus on specialized automotive services and its strong Google rating suggest a loyal customer base, but the rising debt and decreased turnover warrant close monitoring.

Registered in England/Wales under the registration number 02905985, with a registered address at CV3 4FG, England, Coventry, Edm House, Rowley Drive.

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