Special Metals Fabrication Limited

Special Metals Fabrication Ltd from Westcliff-On-Sea UK: a small, active company founded ten years ago, employs just one person, and holds £240,865 in assets. Operating from a virtual address, it’s managed by a single director and two owners, and enjoys a solid 4.0 Google rating based on three reviews. The company regularly imports and exports various base metals and cermets, having imported for 20 months and exported for 12 months.

The company's website highlights its specialization in machining, fabrication, and supplying molybdenum, tantalum, tungsten, zirconium, niobium, titanium, and pyrolytic graphite. It offers a range of services including next-day delivery, welding, aqua blasting, and fabrication of various metal parts and fittings. The website also features detailed information on the properties and applications of each metal, showcasing expertise in areas like heat exchangers, lighting elements, and aerospace components. It’s clear they’re targeting a niche market of industrial and engineering clients.

Financially, Special Metals Fabrication Ltd shows some interesting trends. While cash reserves increased by a healthy 120% to £140,000, net assets have seen a significant jump, rising 290% to £270,000. However, creditors have fallen dramatically, dropping 100% to just £87—a bit unusual and perhaps indicating a need to manage payment terms. Bank overdrafts have also decreased by 53%, which is a positive sign. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Taxation liabilities have increased dramatically, rising 16,000%, which might be a one-off adjustment or a sign of increased profitability. The company’s accounts are unaudited, likely due to its small size, and were prepared using FRS 102.

Overall, Special Metals Fabrication Ltd seems to be in a stable position, with growing assets and a healthy cash balance. The rapid decrease in creditors is a bit puzzling, but the company’s focus on specialized metals and fabrication services suggests a sustainable business model. It’s clear they’re targeting a specific market, and their online presence indicates a commitment to customer service.

Registered in England/Wales under the registration number 09178569, with a registered address at SS0 9PE, Westcliff-On-Sea, Essex, 615 London Road.

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