Forwarrd Limited

Forward Fastener Manufacturing Ltd, based in Birmingham, UK, is a small, active company with a rich history spanning over a century. Founded in 2021, though its roots go back much further, the company employs just two people and holds £58 in assets. It operates from a registered address, though 88 other companies share the same space, suggesting a virtual address. Two directors oversee the business, which is owned by Warr Jacob.

The company's website highlights its expertise in fastener manufacturing, specializing in British-made, high-grade fasteners. They cater to projects of all sizes, even encouraging site visits to showcase their cold forming machines. Their broad product range includes sizes and finishes from 1.5mm to 18mm in diameter, and they operate under the name FFM. The business is clearly focused on B2B sales, offering bespoke solutions and emphasizing quality and British craftsmanship.

Financially, Forward Fastener Manufacturing Ltd presents a mixed picture. While cash reserves increased dramatically by 510% to £1,200, current assets also rose by 330% to £1,300. However, net assets declined by 22% to -£1,900, and the company’s equity is also in the negative. Bank borrowings have increased, and the number of employees has fallen by 50% to just one. The company is small, meeting two of three criteria for a small company, and is exempt from an audit. The decrease in assets, coupled with the negative equity, suggests the company is burning through cash, although the increase in cash reserves could indicate a recent influx of funds. It's possible the company is reinvesting heavily in its operations.

Registered in England/Wales under the registration number 13132272, with a registered address at TS18 3SH, England, Stockton On Tees, 3b Lockheed Court.

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