Lycett Fabrications Limited

Lycett Fabrications Ltd, based in Tamworth, UK, is a small, active holding company established 30 years ago. With 18 employees and £6.7 million in assets, the company operates from a real address and is overseen by four directors and one owner. It’s a long-standing business, having been incorporated on September 30, 1994. While primarily a regular exporter of machinery, boilers, and mechanical appliances – parts (50 months of exports recorded, with the latest in February 2025) – Lycett Fabrications also engages in irregular importing of iron or steel products (2 months of imports, last recorded in October 2024).

The company’s website highlights its expertise in heavy gauge steel fabrication, offering a wide range of services from welding and machining to shot blasting and finishing. It caters to diverse sectors including farming, waste management, mining, and transport, emphasizing quality and bespoke solutions. Lycett Fabrications operates a 26,000 square foot production area and holds ISO 9001 2015 accreditation, demonstrating a commitment to quality control. The website clearly positions the company as a provider of steel fabrication services, not an e-commerce business.

Financially, Lycett Fabrications Ltd shows some interesting trends. Cash reserves increased by a substantial 16%, reaching £3.1 million, while bank borrowings increased by 3.3% to £2.3 million. However, net assets increased by 15%, reaching £4.3 million. Creditors rose significantly by 26%, to £2.5 million, which may indicate increased investment in materials or expansion. The company’s employee numbers increased by 11%, to 20, suggesting growth in operational capacity. 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 increase in creditors warrants monitoring. No auditor is mentioned, likely due to the company's small size and exemption from mandatory auditing.

Overall, Lycett Fabrications Ltd appears to be a stable, growing business. While the increase in creditors needs to be watched, the company’s strong asset base, growing cash reserves, and expanding workforce suggest a healthy trajectory.

Registered in England/Wales under the registration number 02972457, with a registered address at B79 7UL, Tamworth, Staffordshire, Mariner, Unit 108 Lichfield Road Ind Esta.

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