360 FBR LTD

Executive Summary

360 FBR Ltd is a small, niche player in the UK utility construction installation sector, showing modest growth and strong liquidity typical of early-stage SMEs. Positioned to benefit from infrastructure investment trends, the company faces standard industry challenges including project volatility and resource limitations. Its financial profile suggests a cautious, lean operational approach within a competitive and capital-intensive market segment.

360 FBR LTD - Analysis Report

Company Number: 13096442

Analysis Date: 2025-07-20 14:08 UTC

1. Industry Classification
   360 FBR Ltd operates primarily within the construction sector, as indicated by its SIC codes 43290 ("Other construction installation") and 42220 ("Construction of utility projects for electricity and telecommunications"). These segments typically involve specialized installation services including electrical and telecom infrastructure, which are capital-intensive and require technical expertise. The industry is characterized by project-based revenue streams, regulatory compliance demands, and sensitivity to public infrastructure investment cycles.

2. Relative Performance
   As a private limited company incorporated in late 2020, 360 FBR Ltd is a relatively new entrant to the sector. Its financials for the year ending 2023 show current assets of £458,671, predominantly cash (£361,721), and current liabilities of £409,886, resulting in net current assets of £48,785. Shareholders’ funds stand at £48,785, up from £27,236 in 2022, indicating modest growth in net equity. The company’s working capital position is positive but tight, which is typical for small to medium enterprises (SMEs) in construction, reflecting the sector’s cash flow challenges due to payment cycles and project timing. The firm’s account category as “Total Exemption Full” denotes it meets small company criteria, confirming its scale below SME mid-tier thresholds.

3. Sector Trends Impact
   The UK construction industry, particularly utility infrastructure installation, is influenced by government infrastructure spending, regulatory frameworks around utilities, and technological advancements such as 5G rollout and fibre optic telecommunications. Recent trends include increased demand for sustainable and energy-efficient utility installations, digitalisation of project management, and supply chain constraints affecting material availability and costs. The sector also faces workforce shortages and rising labor costs. 360 FBR Ltd’s positioning in utility construction installation aligns it to benefit from ongoing investments in telecom infrastructure upgrades and renewable energy utilities, though it remains exposed to sector volatility and project-based revenue fluctuations.

4. Competitive Positioning
   360 FBR Ltd appears to be a niche player or emerging follower in the utility installation sector rather than a market leader, given its small size, modest financial base, and recent establishment. Its strong liquidity position (high cash holdings relative to liabilities) is a competitive strength, providing operational flexibility in a sector known for delayed payments and upfront project costs. However, the company reports no employees as of 2023, highlighting a potential reliance on subcontractors or a very lean operational model, which could limit scalability or project capacity compared to larger competitors with established workforces. The relatively low share capital (£4) is typical for small private companies but suggests limited equity buffer for absorbing shocks or financing growth internally. The presence of significant control by related individuals may indicate centralized decision-making but potentially limits external governance input.

In summary, 360 FBR Ltd operates within the specialized utility construction installation segment, displaying typical SME financial characteristics with modest growth and solid liquidity. The company is positioned to capitalize on infrastructure expansion trends but remains a small-scale niche participant facing standard industry challenges such as project volatility and resource constraints. Its financials reflect prudent cash management but limited scale and operational breadth compared to sector leaders.