Metal Fabrication Supplies Limited

Metal Fabrication Supplies Limited is a small, holding company based in Derby, UK, with an active trading status. Founded nineteen years ago in December 2005, the company employs six people and operates from a real address at Sidney Robinson Business Park. It’s overseen by three directors and a single owner, and runs an e-commerce site.

The company specializes in the wholesale of machinery and equipment and retail sales via mail order and internet industries. It’s a relatively small operation, meeting two of three criteria to be considered small: turnover under £10.2 million and assets under £5.1 million. The company's website highlights a range of metal fabrication supplies, catering to various industrial needs.

Financially, Metal Fabrication Supplies Limited shows some interesting trends. Accumulated depreciation on furniture and fittings increased by 21%, while plant and machinery saw a more substantial rise of 47%. Amounts owed by group undertakings jumped 17%, and corporation tax payable rose by 4.6%. Debtors increased by 11%, and equity grew by 13%, reaching £1.4 million. However, future minimum lease payments under non-operating leases surged by a significant 88%, indicating potential expansion or increased overhead. The company’s workforce has also increased slightly, with seven employees reported compared to six last year. The company’s financial statements were audited by Magma Audit LLP (part of the Dains Group).

Overall, Metal Fabrication Supplies Limited appears to be a stable, albeit small, business. The increase in lease payments and the slight increase in debt suggest a period of growth and investment, but the company’s financial health seems generally sound. The increase in debt and the increase in lease payments could be a sign of expansion, but it’s also possible that the company is facing increased costs.

Registered in England/Wales under the registration number 05642561, with a registered address at DE24 8EH, Derby, Sidney Robinson Business Park, Ascot Drive.

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