Hi-tech Fabrication Ltd

Hi-Tech Fabrication Ltd, located in Burton-on-Trent, UK, is a small, holding company with an active status. Established nineteen years ago in 2005, it employs fifty-seven people and holds £3,652,017 in assets. The company, managed by one director and owner, maintains a real address and boasts a Google rating of 3.0 based on two reviews. It’s a regular importer of iron or steel products, with nineteen months of import activity recorded, and a regular exporter of machinery, boilers, and mechanical appliances, with twenty-five months of export activity.

The company specializes in providing a full-package welding and fabrication service, with a focus on heat-resistant and corrosion-resistant steels and alloys. It’s a subsidiary of the Paralloy Group, a designer and manufacturer of speciality metal components serving industries like aerospace, petrochemical, and defence. Hi-Tech Fabrication's website highlights its expertise in high-temperature and high-pressure furnace tubes, ISO 9001 approval, and convenient location with easy access to major motorways. The company’s website is mainly informational, with no obvious e-commerce functionality. It’s more of a brochure-style site showcasing capabilities and approvals.

Financially, Hi-Tech Fabrication Ltd presents a mixed picture. Creditors increased significantly by 120%, reaching £430,000, while cash reserves grew by 150% to £220,000. However, net assets declined by 230%, settling at £1.3 million. Bank borrowings increased by 74%, and trade debtors decreased by 17%. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible. The increase in creditors, coupled with the decrease in net assets, could indicate increased operational costs or delayed payments, but the growth in cash reserves suggests improved liquidity. The lack of an auditor mentioned (likely exempt as a small company) means the financial statements are unaudited. Overall, Hi-Tech Fabrication Ltd appears to be navigating a period of change, balancing growth with financial pressures.

Registered in England/Wales under the registration number 05554410, with a registered address at DE15 0YZ, Burton On Trent, Staffordshire, Bretby Business Park, Ashby Road.

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