Keighley Laboratorieslimited

Keighley Laboratories Ltd from Keighley UK: small company, holding company, active status, founded 105 years ago, 34 employees, £1,364,042 assets, real address, 3 directors, 1 owner, google rating 5.0 based on 3 reviews. Irregular importer of copper and copper products (1 months imported). Keighley Laboratories Ltd is a long-established metallurgical testing and analysis company based in Keighley, West Yorkshire. Founded in 1920, it’s a small, holding company with a real address and a solid 5.0-star Google rating from a small number of reviews. The company employs 34 people and holds £1,364,042 in assets, overseen by three directors and a single owner. It’s an irregular importer, with copper and copper products being its top import category, with just one month of import activity recorded.

The company’s website details a wide range of services catering to various industries, including aerospace, automotive, civil engineering, and more. It’s not an e-commerce business; instead, it provides technical laboratory services, heat treatment consultancy, and non-destructive testing. They have a showroom in Harrods, London. The website highlights their expertise in metallurgical analysis, chemical analysis, mechanical testing, and corrosion testing, with a focus on providing accurate data and reliable results. They even offer salt spray testing and weld testing. The company prides itself on its accreditations and approvals, which are essential for serving demanding industries. They have a blog with recent news, including participation in National Apprenticeship Week and celebrating 40 years of UKAS accreditation.

Financially, Keighley Laboratories Ltd presents a mixed picture. While current assets increased by a respectable 24% to £1,400,000, equity took a significant hit, plummeting 37% to £870,000. Bank borrowings increased slightly, reaching £26,000, and cash reserves fell 43% to £380,000. Creditors also increased by 110%, suggesting a need to manage debt. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the equity decline warrants attention. Key management personnel compensation decreased by 45%, reflecting a possible cost-cutting measure. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Keighley Laboratories Ltd seems to be a stable, long-standing business, but the recent financial trends suggest some challenges. The company’s reputation for quality and its diverse range of services should help it navigate these pressures, but careful financial management will be crucial for its continued success.

Registered in England/Wales under the registration number 00164811, with a registered address at BD21 1EG, Keighley, West Yorkshire, Croft House, South Street.

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