Metallink Fluid Power Systems Limited

Metallink Fluid Power Systems Ltd, based in Crook, UK, is a large, active company established 28 years ago. Employing 94 people and holding assets valued at £7,789,204, it's a significant player in the region. The company, which has three directors and one owner, boasts a perfect 5.0 Google rating from 15 reviews. It regularly imports iron or steel products (148 months) and exports machinery, boilers, and mechanical appliances (14 months).

The company specializes in tube manipulation, particularly high-quality rigid hydraulic tube and handrails, operating within the Borghi Group. Its website highlights advanced bending and welding capabilities, catering to industries like construction, agriculture, lifting, and energy. Metallink offers a wide range of services, including CNC bending, end forming, welding, zinc phosphating, trivalent plating, and powder coating, with a focus on accuracy and efficiency, even utilizing CMM technology.

Financially, Metallink Fluid Power Systems Ltd shows a mixed picture. While revenue increased slightly, net assets grew by a respectable 25% to £8.3 million. However, cash reserves dipped 18% to £3.8 million, and bank borrowings increased by 100% to £180,000. Trade debtors decreased by 52%, suggesting improved collection efforts, but creditors increased by 35% to £300,000. Staff costs decreased by 11%, and depreciation expenses increased by 38%. The company's auditor is Allen Sykes Limited. 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 sharp equity drop raises questions.

Registered in England/Wales under the registration number 03275681, with a registered address at DL15 8JL, Crook, County Durham, Unit Bt 35/2 Beechburn Industrial Estate.

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