Fife Fabrications Limited

Fife Fabrications Ltd, based in Fife, UK, is a sizable company with a 52-year history, currently employing 109 people. The company holds £5,991,786 in assets and operates as a holding company with an active trading status. Eight directors oversee the business, which is ultimately owned by Fifab Holdings Ltd. The company specializes in the manufacture of other fabricated metal products, electro-mechanical assemblies, and precision machine components.

Fife Fabrications maintains a real address and has a mixed record of import and export activity. It’s an irregular importer of electrical machinery and equipment, with just one month of import activity recorded, while it’s a regular exporter, boasting 16 months of export activity. The company's website highlights its commitment to precision metal work, offering services from design support to full customer delivery. It caters to diverse sectors, including medical, transport, and audio-visual industries.

Financially, Fife Fabrications shows some interesting trends. Cash bank on hand increased by 3.1% to £1.9 million, while current assets rose by a substantial 34% to £6 million. However, net assets increased by 46% to £4.9 million, and bank borrowings increased by 2,400% to £1.9 million. Trade debtors decreased by 20% to £1.5 million. The company’s size qualifies it as large, having met two of three criteria: turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The increase in bank borrowings, despite the rise in assets, suggests the company may be investing in growth or facing increased operational costs. The company’s financial statements were audited by Azets Audit Services. Overall, Fife Fabrications appears to be a well-established manufacturer, but the financial data indicates a period of change and potential investment.

Registered in Scotland under the registration number SC051054, with a registered address at KY6 2RT, Fife, 29 Rutherford Road, Glenrothes.

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