Auto Fasteners Ltd

Auto Fasteners Ltd, based in Southam, UK, is a small, active company founded 18 years ago. With 12 employees and £5,119,881 in assets, it’s a family-run business with two directors and a solo founder, Simpson Scott Andrew, at the helm. The company operates from a real address and regularly imports and exports iron or steel products – 361 months of import activity and 726 months of export activity recorded, the last in February 2025. Its core business involves the retail trade of motor vehicle parts and accessories, and it supplies fasteners and small parts to the automotive industry.

The company’s website highlights its expertise in serial production, aftermarket solutions, and prototyping, emphasizing cost reduction, shorter lead times, and quality. It acts as a “single supply partner,” connecting customers with a global network of manufacturers. The website also mentions a focus on Kitting and Assemblies, and showcases its connections to leading automotive brands. It’s a complex operation, with a focus on quality and a wide range of services.

Financially, Auto Fasteners Ltd shows a mixed picture. Cash bank on hand has increased dramatically, up 240% to £720,000, while current assets have also increased by 14% to £5,100,000. However, creditors have risen sharply, increasing by 2,600% to £320,000. Trade debtors have decreased by 20% to £1,100,000. Equity has increased by 27% to £4,100,000. 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 agile, but the increase in creditors suggests a need to manage cash flow. The company’s fixed assets have also increased significantly, up 110% to £840,000. The accounts are abridged and unaudited, and no auditor is mentioned.

The company’s growth in assets and cash reserves is encouraging, but the surge in creditors is something to keep an eye on. It’s a steady business, but the financial figures suggest it’s working hard to maintain its position in a competitive market.

Registered in England/Wales under the registration number 06087013, with a registered address at CV47 0FP, England, Southam, Warwickshire, Unit 7,The Centre Holywell Business Park, Northfield Road.

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