Futurepump (uk) Ltd
- Active
- Small
- Holding
- 14 years
- 7 employees
- £1,425,109 (cur assets)
- Regular importer
- Regular exporter
- Real address
- 3 directors
- 1 owner
- Bungay
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Futurepump (uk) Ltd, based in Bungay, UK, is a small, holding company with an active status, having been founded fourteen years ago in 2011. The company employs seven people and holds £892,617 in assets. With three directors and a single owner, it operates from a real address shared by only two other companies, suggesting a relatively low-profile operation. Futurepump (uk) Ltd regularly imports machinery, boilers, and mechanical appliances, parts, with the most recent import occurring in August 2023. It also exports these same items, with the most recent export recorded in August 2024.
The company’s activities span a range of engineering and research fields, acting as agents for machinery sales and engaging in technical testing and analysis. It’s a small company, meeting two of three criteria for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.
A review of the company’s recent financial performance reveals a mixed picture. Cash reserves have seen a significant boost, jumping 480% to £59,000. However, net assets have declined by 22%, now standing at -£860,000. Creditors have increased substantially, rising 150% to £1 million within the year, and bank borrowings have also increased, though the overdraft is now zero. Trade debtors have ballooned by 210%, suggesting a possible reliance on customer payments. The company’s net losses are substantial, though this is not unusual for a small, growing business.
The company’s reliance on delayed customer payments could be a concern, but the increase in cash reserves offers some reassurance. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited, and it’s difficult to assess the full picture. Despite the losses, the company’s recent activity in both importing and exporting suggests it’s maintaining a level of business, and the increased cash reserves may provide some breathing room.
Registered in England/Wales under the registration number 07609030, with a registered address at NR35 2RU, United Kingdom, Bungay, Suffolk, Unit 1 The Silo, Pirnhow Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 9 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 13 years
- 4
-
Resident of United Kingdom
-
Individual
- 13 years
- 1
-
Resident of United Kingdom
-
Individual
- 14 years
- 5
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Unaudited abridged accounts made up to 2025-03-31Download 9 pages pdf report
-
Confirmation statement made on 2025-04-19 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2024-03-31Download 11 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Futurepump (uk) Ltd
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