Fx Rentals Limited

Fx Rentals Limited, based in London, UK, is a small, active company established 32 years ago. With 11 employees and £638,952 in assets, it’s a well-established player in the audio-visual equipment hire market. The company boasts a perfect 5.0 Google rating from 86 reviews and has six directors and one owner, Knott Matthew Richard. It’s a regular importer of electrical machinery and equipment, with 7 months of import activity recorded.

The company's website, fxrentals.co.uk, highlights its services as a provider of audio equipment and musical instruments for hire, catering to a wide range of events and productions. It operates 24 hours a day, 7 days a week, and offers a comprehensive range of equipment, from keyboards to full sound systems. The site also features a vacancies section and FAQs, indicating a focus on customer service and employee recruitment. The website was designed by J3T Media.

Financially, Fx Rentals Limited shows a mixed picture. Cash bank on hand has decreased by 32% to £500,000, and current assets have fallen by 29% to £640,000. However, property, plant, and equipment have increased by 11% to £300,000. Debtors have also decreased by 17%, suggesting improved collection practices. The company’s net assets have declined by 25% to £600,000. Prepayments and accrued income have increased significantly by 62%. The company meets the criteria for a small company, with a turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The accounts are filleted and unaudited.

Overall, Fx Rentals Limited appears to be navigating a period of change. While asset values have decreased, the company's strong Google rating and continued operations suggest a resilient business model. The decrease in cash reserves could be due to investments in equipment or increased operating expenses, but it’s something to keep an eye on. The recent change in the list of owners, just one month ago, could indicate a shift in ownership or strategic direction.

Registered in England/Wales under the registration number 02727654, with a registered address at W3 7XS, London, Fx Rentals, 38-40 Telford Way.

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