Yb Fixings Ltd

Yb Fixings Ltd, based in Glasgow, UK, is a well-established company holding a 5.0 Google rating from eight reviews. Founded 43 years ago in 1981, this large company employs 33 people and boasts significant assets of £8,440,796, generating £16,508,848 in revenue annually. It operates as a holding company and regular importer and exporter of machinery, boilers, and mechanical appliances, parts, with 147 months of import activity and 44 months of export activity recorded. The company has four directors and one owner.

The company’s website highlights its focus on supplying industrial fastening materials and equipment. It also features a division, YB Floor Master, offering a range of tools, fixings, and compressors for flooring solutions. The website emphasizes customer service and showcases testimonials from satisfied clients, including Walker Timber Engineering and MPB Structures Ltd, praising the company's support, maintenance, and knowledgeable staff.

Financially, Yb Fixings Ltd’s recent performance presents a mixed picture. While turnover remained steady at £17 million, net assets decreased by 22%, falling to £6.5 million. Cash reserves have taken a hit, declining 84% to £190,000. Bank borrowings, however, have remained constant at £220,000. Interestingly, depreciation and amortisation expenses have surged by 120%, indicating increased investment in assets. Despite these fluctuations, the company’s creditors decreased by 16%, suggesting improved debt management. The company’s audit was performed by Ross Brooke Limited. The company is meeting two of three conditions to be considered a large company, indicating it’s a substantial player in its sector. The company’s increased administrative expenses by 19% may be a cause for concern.

Registered in Scotland under the registration number SC075801, with a registered address at G2 4JR, Scotland, Glasgow, 272 Bath Street.

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