Midland Fastener Supplies Ltd

Midland Fastener Supplies Ltd, based in Birmingham, UK, is a small, active family business established 18 years ago. With six employees and £393,032 in assets, it operates from a real address and is managed by two directors and owners. The company regularly imports copper and copper products (24 months) and exports iron or steel products (5 months). It’s a well-established operation, serving customers throughout the UK.

The company’s website highlights its role as a supplier of fasteners and fixings, catering to both commercial and industrial sectors. It emphasizes a wide range of products, competitive pricing, and over 30 years of sales experience. The site also mentions a commitment to customer service and a personal touch—important factors for a business reliant on repeat orders. It’s clear they're trying to build relationships, and the website is a key tool for showcasing their offerings.

Financially, Midland Fastener Supplies Ltd presents a mixed picture. While current assets increased slightly to £390,000, equity decreased significantly, falling by 29% to £73,000. This suggests a potential drain on retained earnings, possibly due to increased investment or operational costs. Bank borrowings also increased, reaching £7,202, which is a considerable jump from the previous year. Trade debtors rose by 29%, which could indicate a reliance on customer payments or a need to tighten credit terms. The company’s small size (meeting two of three criteria for being small) allows for flexibility, but the decline in equity warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Midland Fastener Supplies Ltd appears to be a stable, long-standing business, but the financial data suggests it's navigating some challenges. It’s a family-run operation that’s been around for a while, but it's important to keep an eye on its equity and debt levels.

Registered in England/Wales under the registration number 06122710, with a registered address at B7 4NT, England, Birmingham, Unit F11, Seedbed Centre Avenue Road, Nechells.

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