Fine-cast Foundry Limited

Fine Cast Foundry Ltd from Worthing UK: a large company, holding company, active status, founded 22 years ago, 63 employees, £5,859,555 assets, virtual address, 2 directors, 2 owners, google rating 5.0 based on 4 reviews. Regular importer of machinery, boilers, and mechanical appliances; parts (31 months imported). Regular exporter of machinery, boilers, and mechanical appliances; parts (153 months exported).

Fine Cast Foundry Ltd operates as a significant player in the UK's casting industry, particularly specializing in light metal components. Based in Worthing, West Sussex, the company boasts a strong online presence showcasing its capabilities in design, engineering, and manufacturing. They offer a full-service solution, from initial design and casting to machining and metrological testing, catering to sectors like automotive, motorsport, aerospace, and defence. Their website highlights advanced technologies like 3D sand printing and CNC machining, demonstrating a commitment to precision and innovation.

While the company's website suggests a thriving business, a closer look at its financial data reveals a mixed picture. While assets remain substantial at £5,859,555, several key metrics have shifted. For example, administrative expenses have increased significantly, jumping 51% to £2.5 million. Bank borrowings have decreased by 27%, falling to £380,000, which could indicate improved financial management or a need for less external funding. Cash and cash equivalents, however, have increased by a healthy 36% to £1.9 million – a positive sign. The number of employees has also decreased slightly, from 63 to 60.

The company’s virtual address, shared by 233 other companies, is a potential red flag, though it doesn’t necessarily indicate anything untoward. The fact that the list of directors was changed two months ago, and the list of owners five years ago, could be a sign of ongoing restructuring or investment. The lack of an auditor mentioned in the provided data suggests the company is exempt from mandatory auditing, relying on unaudited statements. Overall, Fine Cast Foundry Ltd appears to be a well-established business with a strong reputation, but the financial data suggests it's navigating a period of change and potentially facing increased costs.

Registered in England/Wales under the registration number 04528905, with a registered address at BN11 1TF, England, Worthing, West Sussex, Second Floor, 3 Liverpool Gardens.

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