Ferrartis Group Ltd

Ferrartis Group Ltd, based in North Duffield, UK, is a small, active company founded nine years ago. With six employees and £211,025 in assets, it operates from a real address within a business park. The company has two directors and one owner, Brown Michael David, and is currently undergoing a period of restructuring. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

Ferrartis Group Ltd specializes in storage and logistics solutions for the rail industry, offering products like Titan 5 Bogie Stacking Systems and Midas 4T Dynamic Wheelset Carriers. The company has expanded its reach through partnerships, becoming the exclusive distributor for the Middle East, India, New Zealand, and Australia. It's an irregular importer, with its top import category being Iron and Steel, totaling 2 months of imports. The last import operation was conducted on September 01, 2021. The website highlights its engineering expertise and focus on solving storage and transit issues within the rail sector.

Financially, Ferrartis Group Ltd is showing some concerning trends. Current assets have decreased by 20% to £210,000, while net assets have fallen by a significant 33% to £52,000. Bank borrowings have also decreased, but cash reserves have plummeted 86% to just £780. Trade debtors have increased, suggesting potential issues with customer payments. The company's small size helps it remain agile, but the drop in equity raises questions about its financial health. There's no auditor mentioned, so the financial statements are unaudited. The company's equity is also impacted by depreciation of its plant machinery, which has increased by 20%. It's a bit worrying, but it could just be a temporary setback as the company focuses on expanding its international presence.

Registered in England/Wales under the registration number 09989473, with a registered address at YO8 5DD, England, North Duffield, North Yorkshire, Unit 5a Unit 5a, Blackwood Hall Business Park.

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.