Fixing Point Limited

Fixing Point Limited, based in Gloucester, UK, is a sizable company operating as a holding company with an active status. Established 38 years ago in August 0f 1986, the firm employs 56 people and holds assets valued at £6,191,606. It has a real address, two directors, and one owner, and boasts a respectable Google rating of 4.0 based on 31 reviews. The company regularly imports iron or steel products (103 months), with the last import operation occurring in November 2024, but exports irregularly (2 months), with the last export in February 0f 2023.

Fixing Point Limited specializes in supplying fasteners and components to the construction industry, catering to both newbuilds and refurbishments. Its website highlights a range of products, including roofing, cladding, sealants, and flat roof systems, emphasizing knowledge, innovation, and customer service. The company also offers video calls to assist customers with their projects, demonstrating a modern approach to sales and support.

Financially, the picture is mixed. While current assets remain steady at £6,200,000, net assets increased by a significant 36% to £4,100,000. Bank borrowings increased by 220% to £130,000, and cash reserves increased by 290% to £46,000. Creditors decreased by 30%, suggesting improved debt management. The company meets two of three criteria to be classified as a large company: turnover over £36 million, balance sheet total over £18 million, and more than 250 employees. The increase in bank borrowings, however, may indicate a need for capital investment or a response to rising operating costs. The company’s unaudited financial statements, prepared without the involvement of an auditor, rely on director-reported data.

Overall, Fixing Point Limited appears to be a well-established player in its niche, but the increase in bank borrowings warrants close monitoring. The company’s focus on customer service and product innovation, combined with its strong online presence, positions it for continued success, but the financial data suggests a need for careful management.

Registered in England/Wales under the registration number 02050516, with a registered address at GL1 2RN, England, Gloucester, 183 - 205 Westgate Street.

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