Fibex Limited

Fibex Ltd from Kidderminster UK: a small holding company with an active status, was founded seven years ago. It employs 18 people and holds assets totaling £1,258,458. The company has a real address, two directors, and one owner, and boasts a perfect 5.0 Google rating from a single review. It’s an irregular importer of plastics and plastic products, with just two months of import activity recorded, the last being in July 2024.

The company’s website showcases a diverse range of GRP composite products, catering to industries like power, rail, water treatment, and highrise construction. Fibex designs, manufactures, and supplies these products, offering services including design, fabrication, and installation. The site highlights its commitment to quality, innovation, and client satisfaction, with case studies illustrating successful projects across the UK. It even has a section for news, including recent accreditation and a supply to a polyhalite mine.

Financially, Fibex Ltd presents a mixed picture. Accumulated amortisation impairment for intangible assets grew by a whopping 160%, while accumulated depreciation for property, plant, and equipment increased by 47%. The number of employees decreased by 28%, dropping to 13, and bank borrowings fell by 28%, settling at £98,000. Cash bank on hand, however, increased slightly to £150,000. Creditors decreased by 13%, and net assets liabilities grew by 17%. A notable trend is the significant increase in intangible assets, growing by 280%. The company’s small size—meeting two of three conditions for being considered small—helps it remain flexible. As a small company, it’s likely exempt from an audit, relying on unaudited statements.

While the company’s assets are substantial, the decrease in employees and the increase in intangible assets suggest a possible shift in strategy, perhaps investing in new technologies or intellectual property. The reduction in bank borrowings is a positive sign, but the overall financial picture warrants careful monitoring.

Registered in England/Wales under the registration number 11093553, with a registered address at DY11 7QU, Kidderminster, West Midlands, Unit 1 Vale Industrial Estate, Stourport Road.

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