Fisadco Engineering (1980) Limited

Fisadco Engineering 1980 Ltd from East Yorkshire UK is a small holding company with an active status, having been founded 28 years ago. The company employs 28 people and holds £1,397,600 in assets. It has a real address, two directors, one owner, and a stellar 5.0 Google rating based on six reviews. It’s an irregular importer, with its last import operation occurring over 7 years ago.

The company operates as a precision engineer and fabricator, offering a wide range of services from turned components to bespoke design and build. Its website highlights a commitment to quality, continuous improvement, and strategic customer relationships, even holding significant amounts of customer inventory and fulfilling orders directly to their clients. They’re also expanding, with a phase 3 factory expansion underway and plans to achieve ISO 9001 certification. A key differentiator is their long-standing partnership with Fisadco Engineering Ltd, a leading piano restoration business.

Financially, Fisadco Engineering 1980 Ltd’s recent report reveals some interesting trends. While bank borrowings decreased by 14%, cash reserves dropped significantly by 45% to £22,000. Creditors increased by 7.6%, and net assets decreased by 1.4%. Despite these changes, the company’s turnover remained consistent, and its small size (meeting two of three conditions for a small company) allows for agility. The company is exempt from an audit, and the report is unaudited. The significant drop in net assets could be due to investments in new equipment and factory expansion, but it’s worth monitoring to ensure financial stability.

Registered in England/Wales under the registration number 03262523, with a registered address at HU2 8EP, East Yorkshire, Raywell Street, Hull.

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