Fabmach Ltd

Fabmach Ltd is a small, active company based in Fraserburgh, UK, established ten years ago in 2015. With five employees and £203,189 in assets, it’s a solo-founded operation managed by a single director and owner. The company operates in the machining industries and is an irregular importer, primarily dealing in electrical machinery and equipment, with just one month of import activity recorded as of July 2022. It has a real registered address, which is probably real as only one company registered at the same address.

The company’s website is currently unavailable, making it difficult to assess its online presence and sales channels. It’s unclear whether Fabmach Ltd operates an e-commerce site or relies on other distribution methods.

Financially, Fabmach Ltd presents a mixed picture. While current assets increased by 53% to £200,000, net assets also rose by 45% to £39,000. Bank borrowings surged by 31% to £21,000, and cash reserves remained low at just £120. Creditors also increased significantly, jumping 47% to £190,000. Trade debtors ballooned by 72% to £170,000, suggesting delayed customer payments or expanded credit terms. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in creditors and bank borrowings could be a cause for concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Fabmach Ltd seems to be growing, but it's also facing financial pressures. It's unclear whether the company can sustain its growth without addressing its increasing debts.

Registered in Scotland under the registration number SC506359, with a registered address at AB43 6TU, United Kingdom, Fraserburgh, Aberdeenshire, 15 Rectory Drive Strichen.

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