Pyroban Limited

Pyroban Ltd, based in Shoreham-by-Sea, UK, is a well-established company with a 46-year history. It’s a large holding company, currently active, and employs 90 people. The company boasts £7,427,000 in assets and operates from a real address. With four directors and one owner, Pyroban has a strong leadership structure, reflected in its 4.0 Google rating from two reviews. The company regularly imports machinery, boilers, and mechanical appliances, with 104 months of import activity recorded, and exports electrical machinery and equipment, with a substantial 759 months of export activity.

Pyroban’s website reveals a focus on explosion protection solutions for the materials handling industry, oil and gas applications, and businesses operating in hazardous areas. They offer a range of products and services, including forklift truck conversions, engine kits, ATEX solutions, and hazardous area services. The site also highlights their expertise in areas like gas detection, ignition hazard assessments, and Ex lighting design. Pyroban’s website is well-designed and informative, with a blog section providing useful safety tips and industry news.

Financially, Pyroban Ltd’s recent performance shows some interesting trends. Accrued liabilities decreased by 18%, while deferred income also fell. However, accumulated amortisation and depreciation both increased, suggesting ongoing investment in assets. Bank borrowings decreased by a significant 27%, which is a positive sign, and cash bank on hand also fell by 18%. Despite this, the company’s net assets increased by a substantial 34%, indicating overall financial health. The company’s tax expense credit increased by 67%, which could be due to various factors, including tax planning strategies or changes in tax laws. Moore Kingston Smith LLP is the auditor.

While Pyroban’s financial numbers are generally positive, the decrease in cash reserves and the increase in accumulated depreciation warrant further investigation. It’s likely that the company is reinvesting in its business, but monitoring these trends will be important for future performance. The company’s long history and strong reputation in a specialized industry position it well for continued success, but keeping an eye on the financial details will be key.

Registered in England/Wales under the registration number 01390808, with a registered address at BN43 6PB, England, Shoreham-By-Sea, West Sussex, 23 Dolphin Road.

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