L.b. Foster Rail Technologies (uk) Limited

Lb Foster Rail Technologies Uk Ltd from Newcastle Upon Tyne UK: large company, holding company, active status, founded 25 years ago, 79 employees, £11,640,507 assets, real address, 5 directors, 1 owner, google rating 4.0 based on 7 reviews. Regular importer of electrical machinery and equipment (210 months imported). Regular exporter of machinery, boilers, and mechanical appliances; parts (119 months exported). It's a sizable operation, meeting two of three conditions to be considered large: turnover exceeding £36 million, balance sheet total over £18 million, and an average of more than 250 employees. The company functions as a holding company and has been active for a quarter of a century, employing 79 people.

The company’s financial data paints a mixed picture. Accrued liabilities and deferred income have risen significantly, up 52%, while administrative expenses have increased by 14%. Interestingly, director remuneration benefits have remained relatively stable, increasing by just 1.2%. Bank borrowings have also increased by a substantial 16%, reaching £11 million, and cash reserves have improved by 60%, now at £650,000. However, the company's net assets have fallen by 66%, dropping to £7.3 million. This could be due to increased investment in assets or a change in accounting practices. The company’s current assets have also decreased by 8%, to £12 million.

The company's auditor, Azets Audit Services Limited, has conducted the audit. The company's financial statements are prepared in accordance with FRS 102. The company’s website showcases a wide range of products and services, including rail, friction management, and technology solutions. It seems they are actively involved in the rail industry, offering products like total track monitoring and wheel impact load detectors. They also provide services like remote performance monitoring and trackside friction management. It’s clear that Lb Foster Rail Technologies Uk Ltd is a significant player in the rail infrastructure market, with a focus on innovation and customer service. The company’s long-standing presence and positive Google rating suggest a reputation for reliability and quality.

Registered in England/Wales under the registration number 03939427, with a registered address at NE2 1SQ, Newcastle Upon Tyne, 5 Osborne Terrace, Jesmond.

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