Micro Fastenings Limited

Micro Fastenings Ltd, based in Crawley, UK, is a small, family-run business with an active trading status. Founded nineteen years ago in 2006, the company employs just three people and holds £799,591 in assets. It has a real registered address and is managed by two directors and two owners. The company regularly imports and exports iron or steel products, with 23 months of import activity and 163 months of export activity, the latest being January 2025 for imports and February 2025 for exports.

The company’s website, Micro Fastenings, specializes in small diameter machine screws and thread forming screws, offering a range of products including pan head, countersunk, and trimet screws. The site caters to a global market, with a focus on miniature screws and self-tapping screws. It also provides contact information, terms and conditions, and privacy policy details. The website is a simple e-commerce platform, showcasing products and providing a contact form for inquiries. It doesn't appear to have a blog or extensive marketing content, suggesting a focus on direct sales to businesses.

Financially, Micro Fastenings Ltd presents a mixed picture. Cash bank on hand increased by 2.3% to £670,000, while current assets rose by 9.8% to £800,000. However, trade debtors increased significantly by 49%, reaching £59,000, which could indicate delayed payments from customers. Corporation tax payable also increased substantially by 52%, reaching £150,000, which may require careful management. Despite this, creditors decreased slightly, 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) helps it remain agile. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Micro Fastenings Ltd appears to be a stable, albeit small, business. The increase in debtors and corporation tax payable are worth monitoring, but the company's strong asset base and ongoing import/export activity suggest a solid foundation. The family-run nature and focus on a niche market—small screws—could be key to its continued success.

Registered in England/Wales under the registration number 05728535, with a registered address at RH10 4HU, United Kingdom, Crawley, West Sussex, Beechcroft Beechcroft, Sandy Lane, Crawley Down.

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