Nufast Limited

Nufast Ltd from Burntwood UK: small company, holding company, active status, founded 19 years ago, 4 employees, £1,567,636 assets, real address, 2 directors, 1 owner, google rating 5.0 based on 6 reviews. Regular importer of iron or steel products (86 months imported). Nufast Ltd is a world-class manufacturer and distributor of fasteners, pressings, and special cold-forged components, operating from the Burntwood Business Park in Staffordshire. The company, a holding company, is accredited with ISO9001 and ISO14001 standards, demonstrating a commitment to quality and environmental responsibility.

The business focuses on wholesale trade of motor vehicle parts and accessories. Its website showcases a broad range of services, including tooling fabrication, optical sorting, and the manufacture of special cold-forged components. The site even has a section on machinery, suggesting a history of turnkey projects and design support for clients worldwide. They also offer a range of services, including design development, materials expertise, and partnership opportunities, catering to industries like automotive, rail, marine, and renewable energy.

Financially, Nufast Ltd’s recent report paints a mixed picture. While cash reserves increased significantly by 95% to £34,000, current assets decreased by 5.5% to £1.6 million. Trade debtors fell by 21%, which is good, but creditors remained steady at £500,000. The company’s small size – meeting two of three criteria for a small company – helps it remain flexible, but the decrease in net assets to -£400,000 is a concern. The company's bank borrowings are steady at £29,000. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Nufast Ltd seems to be navigating a challenging environment. While its core business of fastener manufacturing and distribution appears robust, the financial data suggests a need for careful management and a focus on improving profitability. The company’s long-standing presence and commitment to quality should provide a solid foundation for future success.

Registered in England/Wales under the registration number 05602350, with a registered address at WS7 3GJ, England, Burntwood, Staffordshire, 8 Attwood Road, Zone 1, Burntwood Business Park.

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