Carbolts Ltd

Carbolts Ltd, based in Sowerby Bridge, UK, is a small, active company founded six years ago. With five employees and £128,574 in assets, it operates as a solo-founded business with one director and owner. The company runs an e-commerce site specializing in fasteners, regularly importing iron or steel products for the last twelve months and exporting for three.

The website, carbolts.co.uk, showcases a wide range of black stainless steel bolts, nuts, screws, washers, and other fasteners, catering to both commercial and marine applications. It emphasizes quality, competitive pricing, and even offers in-house manufacturing and blacking processes. The site also highlights a UK-leading position in black stainless steel fasteners, with a large inventory and a commitment to customer service.

Financially, Carbolts Ltd shows some concerning trends. Current assets decreased by 30% to £130,000, while net assets fell by 49% to £24,000. Bank borrowings increased by 18% to £94,000, and cash reserves dropped by 59% to £26,000. Creditors decreased by 23%, suggesting better debt management. 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 remain nimble, but the sharp decline in equity is a worry. As a small company, it's exempt from an audit, so the figures are unaudited.

It seems like Carbolts Ltd is facing some financial pressures, but its focus on a niche market and its commitment to quality could help it weather the storm.

Registered in England/Wales under the registration number 11449379, with a registered address at HX6 1NG, United Kingdom, Sowerby Bridge, 5 Finkle Street.

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