Terramac Fabrication Ltd

Terramac Fabrication Ltd, based in Dungannon, UK, is a large, active company founded 14 years ago. Employing 82 people, it holds £7,936,621 in assets and generates £14,530,585 in yearly revenue. The company, with a 5.0 Google rating from six reviews, operates from a real address and is led by two directors and one owner. It’s an irregular importer of machinery, boilers, and mechanical appliances, with just one month of import activity recorded.

Terramac Fabrication Ltd specializes in the manufacture of equipment for concrete crushing, screening, and roadworks industries. Its website currently states "Coming Soon," with contact information provided for sales inquiries. This suggests a focus on direct sales rather than e-commerce.

Financially, Terramac Fabrication Ltd presents a mixed picture. While current assets increased by 9.8% to £7,900,000, net assets rose a substantial 30% to £4,900,000. However, bank borrowings increased by 130% to £1,800,000, and cash reserves remained steady at £2,500,000. Administrative expenses grew by 33% to £2,300,000, and turnover increased by 3.6% to £15,000,000. The company’s size (meeting two of three criteria for a large company) allows for flexibility, but the rise in borrowing could indicate expansion or investment. The lack of an auditor mentioned suggests it is exempt from an audit.

The company’s irregular import activity and the "Coming Soon" website suggest a focus on direct sales and potentially a more traditional business model. The financial trends, while generally positive, warrant close monitoring to ensure long-term sustainability.

Registered in Northern Ireland under the registration number NI605344, with a registered address at BT71 6HD, Northern Ireland, Dungannon, 76 Ballynakilly Road.

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