Test-fuchs Limited

Test-Fuchs Limited, based in London, UK, is a small, active company founded 21 years ago. With seven employees and £671,427 in assets, it operates from a virtual address, a detail flagged by the fact that 151 companies are registered at the same location. The business is run by three directors and a solo founder, Volker Fuchs, who also owns the company. It regularly imports and exports optical and medical tools and devices, with 9 months of import activity and 19 months of export activity recorded.

The company's website reveals a broader scope of operations within the aerospace and aviation industries. It's a comprehensive online resource, featuring news, articles, and technical information related to testing, development, and engineering. The site caters to a wide range of sectors, including defense, drones, electric hybrid vehicles, and space technology. It offers a platform for suppliers to showcase their products and services, and includes sections for events, podcasts, and job postings. It's clear that Test-Fuchs Limited isn't just a trading company; it’s a content hub for a specialized industry.

Financially, Test-Fuchs Limited shows some concerning trends. While current assets increased by a solid 45% to £670,000, several key metrics paint a picture of a company under pressure. Bank borrowings jumped significantly, reaching £9, while deferred tax liabilities decreased by 9.7%. Trade debtors rose by 48% to £470,000, suggesting potential issues with customer payments. Despite a 170% increase in profit to £190,000, net assets only increased by 47% to £420,000. 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 it avoids a full audit, relying on unaudited statements. The sharp increase in creditors by 90% to £300,000, and a decrease in cash reserves by 30% to £200,000, suggests the company is burning through cash to fund its operations. It's likely that the company is reinvesting in its website and content creation, which is a good long-term strategy, but it needs to carefully manage its cash flow.

Registered in England/Wales under the registration number 04978627, with a registered address at WC2B 5AH, London, 16 Great Queen Street, Covent Garden.

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