Fibrax Limited

Fibrax Ltd, a family business hailing from North Wales, UK, has been a fixture in the industrial landscape for an impressive 113 years. As a holding company with an active status, it employs 289 people and manages assets totaling £6,012,350. The company, boasting a perfect 5.0 Google rating from seven reviews, operates from a real address and is overseen by five directors and two owners. Its core business revolves around manufacturing polymeric components, with a significant focus on the automotive sector, and a smaller venture into cycle components. It also exports rubber and rubber products.

The company’s website highlights its role as a manufacturer of polymeric components, with a dedicated section for cycle components. It also mentions a UK manufacturer and a copyright date of 201721, suggesting a long-standing presence in the industry. Contact details, including a telephone number (44 01978 356 744), are provided, along with its registered office address.

A review of Fibrax Ltd’s financial data reveals a mixed picture. While the company’s net assets increased by 3.2% to £2,800,000, several key metrics show concerning trends. Bank borrowings have increased by 16% to £750,000, and cash reserves have fallen by 15% to £125,000. Trade debtors have increased by 20%, suggesting potential difficulties in collecting payments, and creditors have increased by 10% to £34,000. The company's net losses deepened by 23% to -£23,000. The company's small size helps it stay agile, but the sharp equity drop raises questions. The company’s accounts are unaudited, and no auditor is mentioned.

Despite these challenges, Fibrax Ltd’s long history and established position in the market suggest resilience. The company’s focus on specialized components and its family-owned structure could provide a competitive advantage. It’s clear that Fibrax Ltd is navigating a period of change, and its ability to adapt will be crucial for its future success.

Registered in England/Wales under the registration number 00117971, with a registered address at LL13 8YR, North Wales, Queensway, Wrexham.

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