Fixings Plus Ltd

Fixings Plus Ltd, based in Coventry, UK, is a small holding company with an active status, celebrating 20 years since its founding in 2004. The company employs 13 people and holds assets totaling £2,146,735. It operates from a real address shared by three other companies and is led by two directors and one owner. While it’s an irregular importer of basic metal tools and utensils (just one month of imports recorded), Fixings Plus is a regular exporter of electrical machinery and equipment, with 62 months of export activity.

The company's website showcases a specialist distributor to the construction industry, offering a wide range of hardware, plumbing, and heating equipment and supplies. It's clear that Fixings Plus operates a wholesale business, selling products both online and through a trade counter open Monday to Saturday. The website also highlights its expertise in supplying specialized products like heavy-duty anchor systems and even offers case studies of projects it's been involved in, including the iconic Centre Point London skyscraper. The site also includes a blog, a newsletter subscription, and a product catalogue.

Financially, Fixings Plus Ltd presents a mixed picture. Cash bank on hand has increased significantly by 76% to £390,000, which is a positive sign. However, net assets have also increased by 8.8% to £1,700,000. Trade debtors have decreased by 20%, which is good for cash flow. However, bank borrowings have increased by 2,400%, reaching £29,000, and creditors have increased by 5.3% to £510,000. 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 increase in borrowings is something to watch. The company is exempt from an audit as a small company.

Overall, Fixings Plus Ltd seems to be navigating a period of growth, but the increase in borrowings suggests it may be relying on external financing to fuel its expansion.

Registered in England/Wales under the registration number 05180788, with a registered address at CV5 6UB, England, Coventry, West Midlands, Luckmans, 1110 Elliott Court Business Park, Herald Avenue.

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