Tyrone Fabrication Limited

Tyrone Fabrication Ltd, based in Co. Tyrone, UK, is a sizable company holding a prominent position in the metal fabrication industry. Established 32 years ago, in December 1992, the company boasts 117 employees and holds assets valued at £12,777,812, generating a yearly revenue of £29,540,795. With a real address and six directors, the company operates as a holding company and maintains an active status. Its Google rating stands at a perfect 5.0 based on one review.

The company specializes in providing total enclosure solutions, serving industries like rail, telecom, data centre, and power. Its website highlights a focus on advanced steel equipment enclosures and fibre exchanges, catering to both single bespoke designs and multinational network systems. It’s a manufacturer of metal structures and parts of structures.

Financially, Tyrone Fabrication Ltd presents a mixed picture. While cash bank on hand increased by 6%, indicating improved liquidity, accumulated depreciation and impairment on plant and machinery rose by 11%, suggesting increased investment in equipment. Administrative expenses increased by 19%, which could be due to expansion or inflation. Bank borrowings, however, decreased slightly, and current assets fell by 7%. Creditors also decreased, which is a positive sign. The company's size (meeting two of three criteria for a large company) and the lack of auditor details suggest it's a privately held operation. It’s a bit concerning that the average number of employees reported has dropped to zero, though this may be a reporting anomaly.

Overall, Tyrone Fabrication Ltd seems to be navigating a period of change, with signs of both growth and financial pressure. The company's long history and established reputation suggest resilience, but close monitoring of its financial performance will be necessary to ensure its continued success.

Registered in Northern Ireland under the registration number NI027091, with a registered address at BT70 2LA, Co.Tyrone, 87 Goland Road, Ballygawley.

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