Future Generation Solutions Limited

Future Generation Solutions Limited, based in London, UK, is a small, active company established 14 years ago. With eight employees and £1,388,446 in assets, it operates from a real address and is led by one director and two owners. The company’s status is active. It’s a somewhat irregular importer of electrical machinery and equipment, with just one month of import activity recorded in 2022, but a regular exporter, with four months of export activity as of July 2023. The company operates in the wholesale of computers, computer peripheral equipment and software industries.

The company’s website is non-existent, so it’s difficult to determine if they have an e-commerce presence. Given their wholesale focus, it's likely they primarily deal with other businesses rather than directly with consumers.

Financially, Future Generation Solutions Limited presents a mixed picture. Cash bank on hand has seen a significant boost, increasing by 450% to £720,000, which is a positive sign. However, creditors have also risen sharply, increasing by 37% to £1,200,000, suggesting a greater reliance on short-term borrowing. Trade debtors have decreased by 32%, which could indicate better cash flow management, but also potentially slower customer payments. Equity has declined by 20%, and net assets have also fallen by 11%. Despite these declines, the company’s net current assets liabilities have also decreased by 12%. It’s a small company, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees).

The company’s increased bank borrowings and decreased equity suggest it might be burning through cash to fuel growth, although the substantial cash reserves provide a buffer. The significant increase in "Other Debtors" (760%) could indicate a one-off payment or a change in billing practices. With no auditor mentioned, the figures are unaudited. The company’s significant growth in “Other Debtors” could be a one-off payment or a change in billing practices.

Registered in England/Wales under the registration number 07422478, with a registered address at E1 7HP, London, 22-23 Widegate Street.

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