Fasten Ltd

Fasten Ltd from Bell Bar UK is a small, family-run holding company with an active status. Founded six years ago in 2018, the company employs eight people and holds assets valued at £2,376,627. It operates from a real address and is managed by three directors and four owners. Fasten Ltd is a regular importer and exporter of iron or steel products, with 266 months of import activity and 13 months of export activity recorded, the latest in February 01, 2025 and January 01, 2025 respectively.

The company's website, normandyfasteners.co.uk, showcases a diverse range of fasteners, including clinch fasteners, rivet nuts, and spring steel fasteners. It appears to be primarily an e-commerce business, offering products via its website and providing quick enquiry forms and catalogue requests. The site emphasizes fast international shipping, convenient pack sizes, and sales support advice, with a dedicated sales team available at 01462 730215. The site also features a blog with articles on fastener applications and gauge conversion charts, demonstrating a commitment to customer education.

Financially, Fasten Ltd’s numbers show some interesting trends. Cash bank on hand increased by 18% to £1,300,000, while trade debtors decreased by 47% to £140,000. Creditors decreased by 39% to £27,000, which is good. However, net losses deepened to -£23,000, and bank borrowings surged by 2,400% to £88,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. The company’s average number of employees increased by 50% to twelve. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Fasten Ltd is holding steady but facing pressures. The company’s website and product range suggest a strong focus on customer service and technical expertise—a contrast to the more modest retail operations.

Registered in England/Wales under the registration number 11621299, with a registered address at AL9 6DE, United Kingdom, Bell Bar, Hertfordshire, Heritage House, Woodside Lane.

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