Newstar Fastenings Limited

Newstar Fastenings Limited, based in Bracknell, UK, is a small, family-run business with an active status. Established 22 years ago in May 2002, it employs just three people and holds assets valued at £253,665. The company operates from a real address and is overseen by three directors and two owners. It’s a regular importer of iron or steel products, having imported for 38 months, with the last import occurring in November 2024. Simultaneously, it’s a consistent exporter of iron or steel products, having exported for a substantial 255 months, with the most recent export in February 2025.

The company’s operations appear to center around retail sales, but without a website to examine, it's difficult to determine the extent of its e-commerce presence or specific sales channels. It operates in the "other retail sale not in stores, stalls or markets" industries.

Financially, Newstar Fastenings Limited shows a mixed picture. Current assets decreased by 4.4% to £250,000, while net assets remained steady at £170,000. Bank overdrafts remained constant at £2,700. Creditors decreased by 14%, suggesting improved debt management. Trade debtors remained consistent. Interestingly, other debtors saw a significant increase of 420%, reaching £13,000—this could reflect increased sales on credit or potentially delayed payments from customers. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 10 employees) allows for agility, but the fluctuating debtor figures warrant attention. The company is exempt from an audit, so the financial statements are unaudited.

Overall, Newstar Fastenings Limited seems to be navigating a stable, if not particularly robust, financial position. The consistent import and export activity suggests a well-established supply chain, and the family ownership likely fosters a long-term perspective.

Registered in England/Wales under the registration number 04429061, with a registered address at RG42 4EG, England, Bracknell, Berkshire, The Barn Foxley Lane, Binfield.

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