Control Fabrications Limited

Control Fabrications Ltd, based in Netherfield, UK, is a small, family-run business with an active status. Founded 32 years ago in 1993, it employs 27 people and holds £632,891 in assets. With five directors and two owners, the company operates from a real address and boasts a Google rating of 4.0 based on one review. It regularly imports furniture, lighting, and prefabricated buildings (3 months of import activity), and occasionally exports electrical machinery and equipment (1 month of export activity).

The company’s website is not available, so it's difficult to ascertain the full scope of its operations. However, the company description reveals it operates in the machining and manufacture of other fabricated metal products. 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 fewer than 50 employees.

Financially, Control Fabrications Ltd shows some concerning trends. Current assets have dropped by 38% to £630,000, while net assets have plummeted 30% to £450,000. Bank borrowings have decreased significantly by 64%, and cash reserves have fallen 47% to £130,000. Creditors have also decreased by 52%, suggesting better debt management. Trade debtors have dropped by 40%, which could be a positive sign. The company's small size helps it stay agile, but the sharp decline in equity raises questions about its long-term financial health. There is no auditor mentioned, which is typical for a small company exempt from an audit.

Overall, Control Fabrications Ltd appears to be facing some financial pressures, despite its long-standing presence and family ownership. Whether it can navigate these challenges and maintain its operations remains to be seen.

Registered in England/Wales under the registration number 02811229, with a registered address at NG4 2SG, Netherfield, Nottinghamshire, Pintail House, Pintail Close, Victoria Business Park.

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