Fire-mech Fixings Limited

Fire Mech Fixings Ltd, based in Rochdale, UK, is a small, active holding company established nine years ago. With twenty-eight employees and £4,221,248 in assets, the company operates from a real address and is overseen by two directors and one owner. It’s a regular importer and exporter of iron or steel products, having imported for sixty-three months and exported for ten.

The company's website is unavailable, so it's difficult to determine the specifics of their operations beyond the financial data. However, the company operates in the manufacture of metal structures and parts of structures industries.

Financially, Fire Mech Fixings Ltd shows a mixed picture. While net assets increased by 17% to £2,100,000, cash reserves decreased by 36% to £49,000. Bank borrowings surged by 13% to £1,000,000, and trade debtors increased by 14% to £1,700,000. Creditors decreased by 21%, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than fifty employees. The company’s accounts are unaudited.

The increase in bank borrowings and the decrease in cash reserves could indicate the company is investing in growth, but it's also possible it's burning through cash faster than it's generating revenue. The increase in trade debtors suggests customers are taking longer to pay, which could put a strain on the company's cash flow. The company’s auditor is Cresswells Accountants (UK) Limited.

Registered in England/Wales under the registration number 09835281, with a registered address at OL16 4UP, England, Rochdale, Lancashire, Unit 3 Urban Park George Stephenson Ave, Kingsway.

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