Tubefab Ltd

Tubefab Ltd, based in Fordingbridge, UK, is a small, family-run business with an active status. Founded 3 years ago, the company employs seven people and holds £171,945 in assets. It’s a tight-knit operation with two directors and two owners. The company is a irregular importer of none (1 months imported) and a irregular exporter of iron or steel products (2 months exported).

The company's website, infotubefabmanipulation.co.uk, showcases a specialist in tube bending and manipulation with over 50 years of experience. They offer a range of services including tube bending, mandrel bending, CNC tube bending, and hygienic tube bending, catering to industries like heating and ventilation, aerospace, automotive, and medical. It’s clear they operate as a fabrication service, not an e-commerce business; they don't sell directly to consumers but rather provide bespoke manufacturing solutions. The site emphasizes local, independent expertise and ISO9001 accreditation.

Financially, Tubefab Ltd presents a mixed picture. Accumulated depreciation on plant and machinery increased by 18%, suggesting ongoing investment in equipment, but cash bank on hand dropped by 40% to £48,000. Bank borrowings decreased by 46% to £12,000, which is a positive sign. However, corporation tax payable increased by 100% to £23,000, and creditors rose by 30% to £71,000—potentially indicating tighter payment terms from suppliers. 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 remain agile, but the increase in tax payable and creditors warrants closer attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Tubefab Ltd seems to be a stable, albeit small, business. They’re clearly focused on providing a specialized service and maintaining a local presence—but the recent financial trends suggest they might be facing some challenges.

Registered in England/Wales under the registration number 07263837, with a registered address at SP6 1PA, England, Fordingbridge, Unit 9 & 10 Old Brickyard Road, Sandleheath.

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