Fastener Connections Limited

Fastener Connections Ltd from Ramsgate UK is a small, active company founded 18 years ago. With nine employees and £969,729 in assets, it’s a modest operation led by three directors and a single owner, Jennifer Hill. The company operates from a real address and has been importing iron or steel products for a considerable 178 months, with its last import activity recorded in February 2025. It’s a regular importer, and the company operates in the non-specialised wholesale trade industries.

The company’s website is not available for analysis, so it’s difficult to determine if it’s an e-commerce business or primarily operates through other channels.

Financially, Fastener Connections Ltd presents a mixed picture. While net assets increased by a modest 3.6% to £210,000, several key metrics show concerning trends. Current assets decreased by 17% to £970,000, and trade debtors fell by a significant 48% to £330,000. Bank borrowings decreased by 97% to just £6,000, and cash reserves increased by 180% to £93,000. Creditors decreased by 21% to £770,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The decrease in debtors could be due to improved collection efforts or a slowdown in sales, and the increase in cash reserves is a positive sign, but the decline in current assets warrants further investigation. The company's financial statements are unaudited, which is typical for small companies.

The company's financial stability seems to be holding steady, but the decrease in debtors and current assets is something to keep an eye on.

Registered in England/Wales under the registration number 06107813, with a registered address at CT11 9SU, Ramsgate, Kent, Chelmsford House, 21 Duncan Road.

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