Future Sourcing Ltd

Future Sourcing Ltd, based in Preston, UK, is a small, active company established nineteen years ago in 2005. With just two employees and £426,638 in assets, it operates from a virtual address – a detail worth noting as 119 companies share the same location. The business is run by two directors and has three owners, though this list isn't exhaustive. Future Sourcing Ltd regularly imports machinery, boilers, and mechanical appliances, with parts imported for nine months, the last operation occurring in June 2023.

The company's website paints a picture of a childcare staffing agency. It aims to “enhance children’s care” by connecting schools and nurseries with qualified staff. The site highlights specialists with experience in various areas, including nursery education, primary education, and support for children with learning disabilities. It offers services to both schools and parents, and includes a contact form and a sign-up for future plans. The website also mentions a physical address in Ipswich, and a phone number.

Financially, Future Sourcing Ltd shows a mixed bag. Cash bank on hand increased by 30% to £240,000, a positive sign. However, average employees decreased by 50% to just one, which could impact operations. Creditors decreased significantly by 67% to £42,000, suggesting improved debt management. However, trade debtors also dropped by 54% to £83,000, which could be a concern. Net assets increased by 18% to £400,000, and retained earnings also rose by 19%. Despite these improvements, depreciation on computer equipment increased by 75%, and the company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means its financial health relies on efficient operations. The accounts are unaudited, and there’s no auditor mentioned.

Registered in England/Wales under the registration number 05502071, with a registered address at PR2 3AQ, England, Preston, Unit 10 80 Lytham Road, Fulwood.

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