Fabdec Limited

Fabdec Ltd, a long-standing company based in Shropshire, UK, is a large business with an active status, having been incorporated sixty-four years ago in November 1960. Employing 116 people, the company holds assets worth £7,600,412 and generates an annual revenue of £14,522,332. With four directors and three owners, Fabdec operates an e-commerce site and is a regular importer and exporter of machinery, boilers, and mechanical appliances; parts. Despite a respectable 3.0 Google rating based on just three reviews, the company’s financial health warrants a closer look.

Fabdec's core business revolves around the wholesale of agricultural machinery, equipment, and supplies, with a particular focus on stainless steel vessel manufacturing. They offer a range of solutions, from dairy cooling systems to heat recovery systems, catering to both domestic and industrial clients. Their website showcases a comprehensive product catalog and highlights their expertise in process vessels and water heating solutions. They even provide services like spares and technical support, emphasizing a commitment to customer service.

Looking at the financials, Fabdec's current assets have decreased by 13%, falling to £7,600,412. Bank borrowings have also seen a significant drop, declining by 36%, while cash reserves have decreased by a considerable 97%. On a more positive note, creditors have reduced by 19%, suggesting improved debt management. The company’s size, meeting two of three criteria for a large company, indicates a robust operation. The lack of a named auditor suggests the company is exempt from a full audit.

The decline in cash reserves and the reduction in assets raise questions about the company’s short-term liquidity. However, the reduction in debt and the ongoing revenue stream suggest Fabdec is navigating these challenges. While the small number of Google reviews might limit its online visibility, the company’s established presence and diverse product offerings position it as a key player in its sector.

Registered in England/Wales under the registration number 00675981, with a registered address at SY12 9DG, Shropshire, Grange Road, Ellesmere.

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