Jet Press Limited

Jet Press Ltd, based in Notts, UK, is a substantial player in the fastener and industrial hardware sector, boasting a 40-year history and a strong 5.0 Google rating from two reviews. The company, a holding company with 60 employees, holds £5,575,413 in assets and generates £9,887,954 in annual revenue. It’s a regular importer and exporter of iron or steel products, with 418 months of import activity and 299 months of export activity recorded. Four directors and one owner oversee operations, with a real address registered.

The company’s website highlights its diverse range of products, from fasteners and components to furniture fittings and security products. It operates as a distributor, offering both standard and bespoke solutions for various industries, including automotive, industrial, medical, and furniture. It even has a presence in the piano restoration market, hinting at a broader range of business interests. The site's CAD files and sample offerings demonstrate a commitment to supporting customers' design and procurement processes.

Financially, Jet Press Ltd presents a mixed picture. While turnover remains substantial, current assets have fallen by 28%, dropping to £5,600,000. Bank borrowings have increased significantly, rising by 53% to £550,000, and cash reserves have declined by 72% to £1,000,000. Creditors have also increased, rising by 75% to £580,000. The company’s size—meeting two of three criteria for a large company—suggests it’s navigating a competitive market. The accounts are audited by Barnett & Turner Accountants Ltd.

The sharp decline in cash reserves and the increase in borrowings could indicate increased investment in inventory or expansion efforts. However, it also raises questions about liquidity and the company’s ability to manage short-term obligations. The growth in creditors suggests a need to carefully monitor payment terms and supplier relationships. Despite these challenges, Jet Press Ltd’s established reputation, diverse product range, and ongoing export activity position it as a resilient player in the industrial hardware sector.

Registered in England/Wales under the registration number 01884896, with a registered address at NG17 2HW, Notts, Nunn Close, Huthwaite.

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