Evolution Fasteners (uk) Limited

Evolution Fasteners UK Ltd, based in Borehamwood, UK, is a sizable company holding a significant position in the fastener industry. Established 24 years ago, it employs 28 people and manages assets worth £11,287,556, generating an annual revenue of £12,021,564. The company operates as a holding company with a real address and is overseen by four directors and one owner. It boasts a perfect 5.0 Google rating based on five reviews, reflecting a strong reputation.

The company is a regular importer and exporter of iron or steel products, with 215 months of import activity and 118 months of export activity recorded, the latest operations occurring in January 2025. It operates within the wholesale of wood, construction materials, and sanitary equipment industries.

Financially, Evolution Fasteners UK Ltd presents a mixed picture. While current assets have increased by 16%, bank borrowings have surged by 54%, reaching £2,000,000. Creditors have also risen by 11%, to £2,200,000. Despite this, net assets have increased by 19%, to £9,700,000, suggesting overall growth. The company's size—meeting two of three conditions to be considered large—indicates a robust operation, with a turnover of over £36 million and assets exceeding £18 million.

The company’s auditor is Xeinadin Audit Limited. The increase in bank borrowings and creditors, alongside the net loss deepening to -£2,000,000, could indicate increased investment or potential cash flow challenges. The company’s continued import and export activity, combined with its strong Google rating, suggests a resilient business navigating a competitive market.

Registered in England/Wales under the registration number 04042865, with a registered address at WD6 1GS, England, Borehamwood, Hertfordshire, Suite 1b, 1 Oaks Court, Warwick Road.

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