Fortus Hardware Limited

Fortus Hardware Ltd from Belfast UK: a small holding company with an active status, was founded 10 years ago and employs seven people. The company holds £2,197,490 in assets and has a real address, managed by four directors and two owners, boasting a stellar 5.0 Google rating from ten reviews. It’s a regular importer of miscellaneous metal items, with nine months of import activity recorded.

The company operates as a wholesale supplier of hardware, plumbing, and heating equipment and supplies, with a website showcasing a wide range of products, including fasteners and fixings. It’s also connected to a larger group, Profast Holdings Limited, which has roots stretching back to 1956 with Pipeflow Products Ltd. The Profast Group has evolved over the years, acquiring several businesses and expanding its reach across Ireland and the UK, even venturing into piano restoration through its 1066 Pianos division.

Financially, Fortus Hardware Ltd’s numbers paint a mixed picture. Current assets decreased by 8.4% to £2,200,000, while net assets increased by 21% to £1,500,000. Bank borrowings remained steady, and cash reserves increased by 160% to £190,000. Creditors decreased by 42%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in other creditors by 96% is a point of interest. The accounts are unaudited, as is common for small companies, and there’s no mention of an auditor.

The company’s recent acquisition by three colleagues, Stephen Clarke, Craig Milne, and Jonathan Aiken, signals a new era of growth and leadership. It’s clear that Fortus Hardware Ltd is navigating a dynamic market, balancing its wholesale operations with the broader legacy of the Profast Group.

Registered in Northern Ireland under the registration number NI630499, with a registered address at BT12 6GF, Northern Ireland, Belfast, 26-30 Rydalmere Street, Donegall Road.

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