Pinstructure Limited

Pinstructure Limited, based in Redditch, UK, is a small, active company established 43 years ago in 1981. With 32 employees and £3,444,929 in assets, it’s a well-established player in its sector. The company operates from a real address and is led by three directors and one owner. It runs an e-commerce site and is a regular importer and exporter of iron or steel products, with 330 months of import activity and 102 months of export activity recorded.

Pinstructure specializes in the manufacture and distribution of unthreaded fasteners, offering a wide range of products like hose clips, spring pins, and disc springs. Its website showcases a comprehensive catalog, categorized by type and application, catering to various industries. The company even has three specialist divisions: Abbey Clamps (hose clips), KN Products (manufacturing), and BP Linkages (linkage components), each with its own dedicated section on the site. They’re clearly focused on providing a broad selection and technical expertise.

Financially, Pinstructure Limited presents a mixed picture. While net assets increased by 16% to £3,200,000, current assets dipped 19% to £2,800,000. Cash bank on hand saw a significant boost, rising 120% to £710,000—a positive sign. However, trade creditors increased by 15% to £610,000, and future minimum lease payments decreased by 23%. The company’s employee numbers increased by 19%, rising to 38, which could indicate growth or expansion. As a small company, it’s exempt from an audit, so the financial statements are unaudited.

The surge in cash reserves suggests improved liquidity, but the rise in creditors warrants closer attention. The company’s long history and diversified product range, combined with its three specialist divisions, provide a solid foundation, but the financial trends indicate a need for careful management.

Registered in England/Wales under the registration number 01580637, with a registered address at B97 6DE, Redditch, Worcestershire, Unit 50, Enfield Industrial Estate.

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