F W Developments (barnacre) Limited

F W Developments Barnacre Ltd from Preston UK is a small, family-run business with an active status, established 23 years ago. The company employs three people and holds £59,353 in assets. It's a real address, managed by four directors and two owners, and boasts a stellar 5.0 Google rating based on three reviews. They’re regular importers of vehicles, parts, and accessories—not for trains or trams—with 18 months of import activity recorded.

The company operates as a motorcycle engine tuning and performance centre, offering services like engine tuning, dyno testing, and valve seat cutting. They also sell products such as Arata exhausts and Silkolene products. Their website highlights a focus on high-performance motorcycle engines, with expertise spanning from club racing to grand prix levels. They even offer a support scheme for racers. The website is very professional and well-designed.

Financially, F W Developments Barnacre Ltd shows a mixed picture. Current assets have decreased by 19% to £59,000, while net assets have fallen by 27% to £66,000. Bank borrowings have increased significantly, and cash reserves have declined by a substantial amount. Creditors have also risen considerably, suggesting a need for careful management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned likely means the financial statements are unaudited.

It seems that the business is facing some financial headwinds, despite its strong reputation and expertise. The decrease in assets and cash reserves could be due to increased investment in equipment or marketing, or it could reflect broader economic challenges. The company's ability to maintain its high-performance services and customer base will be key to navigating these pressures.

Registered in England/Wales under the registration number 04260313, with a registered address at PR3 1QJ, England, Preston, Lancashire, Lower House Barn Strickens Lane, Barnacre.

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