Bolt Base Ltd

Bolt Base Ltd, based in Alloa, UK, is a small, active company established twelve years ago. With seven employees and £456,570 in assets, it’s a family-run business boasting a perfect 5.0 Google rating from 295 reviews. The company regularly imports iron or steel products, with its last import operation occurring in September 2023. It operates from a real address and is overseen by three directors and two owners.

The company’s website, Bolt Base Fasteners, is a well-stocked online store specializing in fasteners, screws, washers, and nuts. It caters to a wide range of industries, from DIY enthusiasts to large-scale manufacturers, offering everything from basic bolts to specialized tools. The site’s layout is clear and easy to navigate, with a blog featuring helpful guides on topics like socket flanged button screws and wholesale screw suppliers. It even offers free shipping on orders over £50.

Financially, Bolt Base Ltd shows some concerning trends. Accumulated amortisation impairment intangible assets increased by 50%, while depreciation impairment property plant equipment grew by 17%. Bank borrowings have surged by 90%, reaching £31,000, and cash reserves have plummeted 95%, leaving just £1,000. Creditors also increased, reaching £310,000. Despite these challenges, the company’s small size—meeting two of three conditions for a small company—allows for flexibility. The company’s net assets are down significantly, falling to -£44,000. The lack of an auditor is typical for a small company, and the figures are unaudited.

Overall, Bolt Base Ltd appears to be facing some financial headwinds, despite its strong online presence and positive customer reviews. The increased debt and decreased cash reserves suggest a need for careful management, but the company’s agility and focus on a niche market could help it weather the storm.

Registered in Scotland under the registration number SC441785, with a registered address at FK10 1RX, Scotland, Alloa, Clackmannanshire, Unit 6a Trade Centre, Bruce Street.

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