Prs Fabrication Services Ltd

Prs Fabrication Services Ltd, based in Stockport, UK, is a small, active family business established 16 years ago. With 18 employees and £381,637 in assets, the company operates from a real address and is overseen by three directors and two owners. It’s a steady importer of electrical machinery and equipment, with recent activity recorded in December 2023.

The company’s website highlights its role as a fabrication company serving renewable energy, aerospace, military, rail, and food industries. Established in 2008, PRS Fabrications has steadily grown, quadrupling in size and turnover while maintaining a hands-on approach. They offer delivery services, nationwide haulage, site work, and even hold approximately £150,000 of stock for repeat orders. Their spray bay is mainly used to paint Centrica products, but also caters to UMWs Utility Meters Warehouse products. PRS Fabrication Services Limited has even been shortlisted for local business awards, demonstrating a commitment to excellence.

Financially, Prs Fabrication Services Ltd shows some concerning trends. Average employee numbers have decreased by 28%, while cash bank on hand has fallen 12% to £230,000. Current assets have dropped by 25% to £380,000, and trade debtors have plummeted 40% to £130,000. However, creditors have significantly decreased by 49%, suggesting improved debt management. Equity has remained relatively stable, and the company’s small size (meeting two of three criteria for a small company) allows for agility. The lack of an auditor is typical for a company of this size.

Overall, while Prs Fabrication Services Ltd maintains a strong reputation and a diverse range of services, the financial data suggests it's facing some challenges. The decrease in assets and employees could be a sign of a slowdown, but the reduced creditors indicate a focus on financial responsibility.

Registered in England/Wales under the registration number 06696235, with a registered address at SK7 6LQ, Stockport, 9 Woodland Avenue, Hazel Grove.

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