Faw Trucks Uk Limited

Faw Trucks Uk Limited, based in Middlesbrough, UK, is a small, active company founded ten years ago in 2014. With just one employee and £5,298 in assets, it operates from a virtual address shared by 45 other companies, a fact that raises some questions. Two directors and two owners manage the business, with director changes occurring recently, which is a good sign. The company boasts a respectable Google rating of 4.0 based on 11 reviews.

Faw Trucks Uk Limited specializes in the sale of other motor vehicles, operating as an irregular importer of vehicles, parts, and accessories – though its import activity has been limited to just one month, with the last import occurring way back in June 2016. Its website showcases a truck and van hire service, with a particular focus on 7.5-tonne trucks, offering various body types like box lorries, curtain lorries, and dropsides. The site highlights its location near Middlesbrough Railway Station and emphasizes its service to customers in Middlesbrough, Durham, Newcastle, and Darlington. They even offer a self-drive hire service for 7.5 tonne vehicles, which is a unique offering.

Financially, the company’s numbers paint a mixed picture. Cash bank on hand has plummeted by a staggering 74%, dropping to just £5,300. Current assets have also seen a sharp decline, falling 77% to £5,300. While creditors have decreased, with both short-term and long-term debts reduced, the significant drop in cash reserves and assets suggests potential financial strain. The company’s size, meeting two of the three criteria for a small company, allows for agility, but the sharp decline in equity—falling from -£400,000 to -£390,000—is a cause for concern. The company’s assets have also seen a decrease, dropping by 32% to £160,000. No auditor is mentioned, which is typical for small, exempt companies. The company's bank borrowings have also increased significantly, rising by 2,400%.

Registered in England/Wales under the registration number 09243167, with a registered address at TS5 6HA, England, Middlesbrough, 384 Linthorpe Road.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.