Aitch Tools & Fastners Ltd

Aitch Tools & Fasteners Ltd, based in Lancashire, UK, is a small, active company founded 18 years ago. With eight employees and £393,394 in assets, it’s a well-established operation boasting a stellar 5.0 Google rating from 66 reviews. The company, led by two directors and a solo founder, operates from a real address and is an irregular importer, primarily dealing with iron or steel products, with its last import activity occurring two months ago.

Trading as Fylde Fasteners, Aitch Tools & Fasteners Ltd is a supplier of fasteners, nuts, bolts, abrasives, and lubricants. The company's website highlights over 40 years of experience in the tools and fasteners supply industry, emphasizing excellent customer service and quality. It offers free delivery within the North West using its own vehicles and can deliver throughout the UK. The company stocks a wide range of products, including those from leading brands like Teng Tools and Fischer Fixings, and offers a trade counter with expert assistance. It also provides a supply and stock system (camboard) to suit business needs.

Financially, Aitch Tools & Fastners Ltd shows some concerning trends. Bank borrowings have increased dramatically, jumping 820% to £320,000, while cash reserves have fallen 69% to £73,000. Current assets have also decreased by 32% to £390,000. However, there are positives too: creditors have decreased by 110%, and trade debtors have fallen by 17%. The company’s small size—meeting two of three conditions to be considered small—allows for agility, but the significant drop in equity to £350,000 raises questions. The company is exempt from an audit, so the figures are unaudited.

The company's financial situation suggests it's burning through cash, although better debt management is evident. The business’s focus on customer service and its camboard system indicates a commitment to building long-term relationships with its customers.

Registered in England/Wales under the registration number 06007839, with a registered address at PR2 3AE, Lancashire, 316 Blackpool Road, Fulwood, Preston.

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