Gray Fabrication Limited

Gray Fabrication Ltd, based in Cupar, UK, is a well-established family business with a 43-year history. The company, currently active, employs 38 people and holds assets valued at £5,125,660. With four directors and three owners, it operates from a real address within the Cupar Trading Estate and is a regular importer of iron and steel (3 months), though its export activity is more sporadic (1 month). The company's core business is the manufacture of other fabricated metal products.

Gray Fabrication’s website highlights its expertise in heavy steel fabrication, specializing in rolling, bending, and pressing of heavy plate. They cater to sectors like oil, gas, and renewable energy, offering services including plate forming, welding, cutting, and CNC profiling. They even boast an in-house facility for cutting and profiling, offering a one-stop shop for customers. The site emphasizes quality, traceability, and a dynamic project management structure, underpinned by ISO 9001 accreditation.

Financially, Gray Fabrication shows a mixed picture. While cash bank holdings increased by a healthy 22% to £2.9 million, current assets also grew by 26% to £5.1 million. However, net assets increased by a more modest 9.9% to £4.9 million. Creditors have increased significantly, jumping 130% to £1 million, which could indicate increased investment or potentially tighter cash flow. Trade debtors have also risen considerably, increasing 44% to £1.8 million. Despite these changes, the company remains small, meeting two of three criteria for a small business: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit as a small business.

Overall, Gray Fabrication appears to be a stable, long-standing business, though the increased debt levels warrant monitoring. Its focus on specialized fabrication services and commitment to quality suggest a strong foundation for continued success.

Registered in Scotland under the registration number SC074779, with a registered address at KY15 4SX, Cupar, Fife, Gray Fabrication Ltd, Cupar Trading Estate.

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