Makefast Limited

Makefast Limited, a family business based in Powys, UK, has been a fixture in the marine and safety equipment industry for over half a century. Established in 1974, the company operates as a holding company with 118 employees and boasts assets totaling £4,532,499. It's led by six directors and owned by three individuals – Brown Brenda, Brown Thomas William, and Cozens David Peter – and maintains a stellar 5.0-star Google rating from six reviews. The company regularly imports and exports iron or steel products, with 55 months of import activity and 298 months of export activity recorded.

Makefast Limited designs and manufactures equipment for the marine and safety industries, with a particular focus on hardware and shade systems. It’s a design and manufacturing company, producing equipment for the marine and safety industries. They offer a wide range of products, including carbon fiber poles, shading solutions, hydraulic units, and various types of sunroofs. The company also has a presence in the USA and Italy.

Financially, Makefast Limited shows a mixed picture. While current assets decreased by 2.2% to £4,500,000, net assets increased by 7.4% to £5,200,000. Bank borrowings decreased by 13%, and cash reserves increased by 45% to £370,000. However, accrued liabilities decreased by 34%, and creditors decreased by 40%. 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 equity drop raises questions. The company's accounts are audited by Morgan Griffiths LLP. The company has been a bit slow to adopt new technologies.

Registered in England/Wales under the registration number 01165517, with a registered address at SY16 4LE, Powys, Wales, 31 Mochdre Industrial Estate, Newtown.

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