Rhyal Engineering

Rhyal Engineering has rapidly grown to become one of the UK’s leading site built storage tank and vessel contractors, dealing with the design and build of new tanks and the refurbishment of existing tanks.
The company serves the Petrochemical, Aviation, Power, Water and Bulk Storage industries and operates throughout the UK and overseas.
The head office and main fabrication workshops are based in Milford Haven, near to the Pembrokeshire Oil Refineries and storage facilities, however we have a number of ‘satellite’ offices around the UK e.g. Southampton, Oxford, Yorkshire and Grangemouth.

Company Growth (employees)
Milford Haven, GB
Size (employees)
44 (est)
Rhyal Engineering was founded in 1998 and is headquartered in Milford Haven, GB

Rhyal Engineering Office Locations

Rhyal Engineering has an office in Milford Haven

Rhyal Engineering Data and Metrics

Summary Metrics

Founding Date


Rhyal Engineering Financial Metrics

Rhyal Engineering's revenue was reported to be £9 m in FY, 2016 which is a 30% decrease from the previous period.

Revenue (FY, 2016)

9 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

530.3 k

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

59.6 k

Cash (31-Jan-2016)

1.2 m
GBPFY, 2014FY, 2015FY, 2016


16.8 m12.9 m9 m

Revenue growth, %


Cost of goods sold

15.6 m12.4 m8.5 m

Gross profit

1.2 m484.1 k530.3 k

Gross profit Margin, %


Operating expense total

774.5 k400.3 k444.5 k

Pre tax profit

465.5 k77.8 k82.2 k

Net Income

356 k58 k59.6 k
GBPFY, 2014FY, 2015FY, 2016


398.4 k1 m1.2 m

Accounts Receivable

3.3 m2.2 m2.4 m

Current Assets

4.3 m3.9 m3.8 m


511.7 k721.3 k684.3 k

Total Assets

4.8 m4.6 m4.5 m

Accounts Payable

587.4 k375.9 k336.2 k

Current Liabilities

2.7 m2.5 m2.3 m

Total Liabilities

2.8 m2.6 m2.3 m

Retained Earnings

(2 k)58 k59.6 k

Total Equity

2 m2.1 m2.1 m

Financial Leverage

2.4 x2.3 x2.1 x
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

840 k1.1 m289.1 k

Cash From Financing Activities

(77.9 k)(80.1 k)(82.4 k)

Income Taxes Paid

(109.5 k)(19.8 k)(22.6 k)
Y, 2016

Financial Leverage

2.1 x

Rhyal Engineering Online and Social Media Presence

Rhyal Engineering Company Life and Culture

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