Aerospace Fasteners Ltd

Aerospace Fasteners Ltd, based in Maidenhead, UK, is a small, active company with a 40-year history. Founded in 1984, it employs 15 people and holds assets of £5,352,901. With a real address, one director, and one owner, the company operates as a regular importer and exporter of iron or steel products, with 505 months of import activity and 215 months of export activity recorded.

The company’s website, AerospaceFasteners.com, reveals it’s a leading distributor of aircraft fastening hardware for commercial and military aerospace applications. It offers a wide variety of high-quality aircraft hardware, including bolts, rivets, and specialty services like vendor-managed inventory and product kitting. It’s certified AS9100ISO 90012015 compliant and serves clients like Boeing and Raytheon. The website also highlights blog content discussing industry trends, such as the use of O-rings in aerospace and the importance of choosing a reliable hardware distributor.

Financially, Aerospace Fasteners Ltd presents a mixed picture. While the company’s equity increased by 23%, reaching £4,500,000, current assets declined by 11% to £5,400,000. Bank borrowings decreased significantly by 36%, to £250,000, but bank overdrafts increased by 11% to £1,100,000. Trade debtors decreased by 23%, suggesting improved collection practices, but creditors surged by 330% to £1,900,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp increase in creditors warrants closer attention. The company’s unaudited financial statements, with no auditor mentioned, rely on director-reported data.

The significant depreciation of plant machinery and vehicles, alongside a decrease in cash reserves, suggests the company may be investing heavily in its operations. It’s possible the increased creditors reflect larger orders or extended payment terms to support growth—but the financial trends indicate a company navigating a period of change, and it’s important to monitor these trends closely.

Registered in England/Wales under the registration number 01837359, with a registered address at SL6 7BU, Maidenhead, Berkshire, 7 Cordwallis Park, Clivemont Road.

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