Accrofab (derby) Limited

Accrofab Derby Ltd, based in Derby, UK, is a sizable holding company with an active status, established seven years ago. Despite employing only two people, the company boasts significant assets—£5,036,984—and generates £7,177,661 in yearly revenue. With seven directors and one owner, it operates from a real address and holds a respectable 4.0 Google rating based on 16 reviews. The company irregularly imports various base metals and cermets (last import in September 01, 2023) and exports aircraft, spacecraft, and their parts (last export November 01, 2023).

Accrofab specializes in precision fabricated and machined component manufacturing, catering to the aerospace, defence, and power generation industries. Its website highlights experience with hard alloys and exotic materials, emphasizing early design development and concurrent engineering. The company acts as a trusted Tier 1 supplier and single source provider, with clients including major OEMs. Locations include Alcester, Derby, and Welwyn Garden City.

Financially, Accrofab’s performance presents a mixed picture. While revenue remains strong, several key metrics have shifted. Accumulated amortisation and impairment of intangible assets have remained steady, but accrued liabilities deferred income has jumped significantly to £370,000. Bank borrowings have increased substantially to £87,000, and cash reserves are at £80,000. Interestingly, staff costs have risen considerably, reaching £3,100,000. The company’s net assets have fallen to -£520,000. Despite these changes, the company’s turnover of £7,177,661 suggests continued business activity. The absence of a named auditor indicates the company is likely exempt from a full audit.

The increased borrowing and decrease in net assets could indicate investment in growth or perhaps a period of tighter cash flow management. The rising staff costs, alongside the relatively small workforce, suggest an increased focus on skilled labour and potentially higher operating expenses. While the company's strong revenue and established market position are positive signs, the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 11194023, with a registered address at DE21 7RX, United Kingdom, Derby, Unit 11 Stoney Gate Road, Spondon.

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