Asco Fixings Limited

Asco Fixings Limited, based in Harrow, UK, is a small, active company established 27 years ago in 1998. With four employees and £117,728 in assets, it operates from a virtual address, a fact highlighted by ten companies registered at the same location. The company is led by two directors and owned by Kaur Surjit. It's a regular importer, specializing in iron or steel products, with 112 months of import activity recorded, the latest in March 1, 2025.

The company’s core business involves the manufacture of fasteners and screw machine products, wholesale of machine tools, and non-specialised wholesale trade. It also owns Steam Traction World Limited. Its website is not available, so it’s hard to determine if it’s an e-commerce business.

Financially, Asco Fixings Limited presents a mixed picture. Current assets have decreased significantly, dropping 30% to £120,000, while net assets have plummeted 3.7% to -£250,000. Cash reserves have suffered a dramatic 90% decline, falling to just £6,200. Creditors have increased by 18%, reaching £77,000, and trade debtors have risen by 20% to £100,000. Fixed assets have increased by a staggering 14,000% to £100,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the negative equity and dwindling cash reserves are concerning. The accounts are unaudited, which is standard for small companies.

The company’s director, who is owed by the company, will not recall loan owed to him until the company turns into profitability and financially able to repay. Despite the financial challenges, the company is holding steady.

Registered in England/Wales under the registration number 03494733, with a registered address at HA1 4HN, England, Harrow, Harrow Business Centre, 429-433 Pinner Road.

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