Fastline Uk Limited

Fastline Steel Services, based in Willenhall, UK, is a small, active company established seven years ago. With three employees and £757,939 in assets, it operates from a real address and is managed by a single director and owner. The company boasts a solid 4.0 Google rating from 11 reviews. It's an irregular importer, primarily bringing in clothing and accessories made by knitting or crocheting, with its last import activity recorded 19 months ago.

The company’s website showcases a wide range of steel perimeter solutions, including steel palisade fencing, mesh fencing, railings, and security gates. It caters to various sectors, including rail, industrial, and residential, offering both standard and bespoke designs. The website emphasizes product and service excellence, in-house fabrication, and high security certification. It’s clear that Fastline Steel Services is a specialist in physical security, supplying products to both domestic and international markets.

Financially, Fastline Steel Services presents a mixed picture. While bank borrowings decreased by 37%, cash bank on hand remained steady at £1,100. However, net assets declined significantly by 71%, dropping to just £5,300, and net current assets fell by 48% to £32,000. Trade debtors decreased by 17%, which is a positive sign, but other creditors increased by 31%, suggesting potential payment pressures. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 30 employees. The lack of an auditor is typical for small companies.

Overall, Fastline Steel Services appears to be navigating a challenging financial environment, despite its strong market position and positive customer reviews. The decrease in net assets and current assets suggests a need for careful financial management, but the company’s focus on quality and security should help it maintain its competitive edge.

Registered in England/Wales under the registration number 11066903, with a registered address at UB8 2UB, England, Uxbridge, Unit 1 Rockingham Road.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.