Custom Fasteners Limited

Custom Fasteners Limited, based in Newtown, UK, is a small, active company founded nine years ago in 2015. Employing just two people and holding £306 in assets, it operates from a real address within the Dyffryn Industrial Estate. The company is run by two directors and two owners, Hockley Harry Charles and Hockley Jessica Louise, who also serve as the company’s officers. It’s a small operation, meeting two of three criteria for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company specializes in retail sales via mail order and internet, offering fasteners and related products. It’s a niche market, and the company seems to be focused on serving a specific customer base. While the website is not available, the company’s operations are likely centered around online sales and distribution.

Financially, Custom Fasteners Limited has experienced a significant downturn. Cash reserves have plummeted by a staggering 79%, dropping to just £310. Net assets have also taken a hit, decreasing by 100% to a mere £310. Trade creditors remain stable at £16,000, however, suggesting the company is managing its short-term debts. The company’s net current assets are also down 100% to £310. The lack of employees (just two reported) keeps overhead low, but the sharp decline in equity raises concerns about its long-term viability. As a small company, it's exempt from an audit, so the financial statements are unaudited.

While the company maintains a real address and active status, the financial data suggests it’s burning through cash. Whether it can stabilize its finances and sustain its operations remains to be seen.

Registered in England/Wales under the registration number 09732591, with a registered address at SY16 3BD, Wales, Newtown, Unit 7 Dyffryn Industrial Estate, Pool Road.

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