Bresco Mechfast Limited

Bresco Mechfast Ltd from Acorn Way UK is a small, active company founded 47 years ago. With four employees and £63,794 in assets, it’s a well-established player in the industrial fastener market. Boasting a perfect 5.0 Google rating from a single review, the company operates as a regular importer and exporter of iron or steel products, with recent activity recorded in both July 1, 2024, and November 1, 2024. It has one director and one owner, Christian Timothy Andrew, who also appears to be the director.

The company’s website, Mechfast Ltd UK, positions itself as a leading supplier of industrial fasteners and fixings, emphasizing competitive pricing and uncompromising quality. It specializes in custom-made fasteners, catering to both small and large runs, and offers manufacturing services, including stainless steel and mild steel finishes. The site highlights a wide range of products, from spring steel fasteners to cable pipe hose fixings, and serves industries like automotive, white goods, and general manufacturing. It even has a central warehouse stocked with fasteners.

Financially, Bresco Mechfast Ltd presents a mixed picture. Current assets have decreased by 20% to £64,000, while cash bank on hand has seen a dramatic increase of 3,100% to £6,600. Trade debtors have fallen by 32%, suggesting improved collections, but creditors have risen by 17% to £32,000. Net assets have seen a remarkable turnaround, jumping 530% to £26,000. 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 significant increase in cash reserves is a positive sign. No auditor is mentioned, which is typical for small companies.

Overall, Bresco Mechfast Ltd appears to be a stable, family-run business with a strong reputation. The recent financial improvements suggest it’s navigating the current economic climate effectively, and its focus on customer service and quality products positions it well for continued success.

Registered in England/Wales under the registration number 01325919, with a registered address at S40 4AA, England, Chesterfield, Derbyshire, 2 Ashgate Road.

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