Reelfix Construction Products Limited

Reelfix Construction Products Ltd, based in Weston-super-Mare, UK, is a small, active company established 18 years ago. With two employees and £1,501,385 in assets, it’s a modest operation led by a single director and owner. The company holds a Google rating of 3.0 based on two reviews. It’s a regular importer of iron and steel, with 19 months of import activity recorded, the latest in January 2025.

The company’s website, Reelfix, specializes in dispensing systems for steel fixing wire. It’s a niche market, offering a "Reel Solution" to the many health, safety, and waste issues associated with traditional tying wire. The system, launched in 2005, has revolutionized steel fixing, making the process more efficient, safer, and less wasteful. The website highlights benefits like eliminating wire trip hazards, reducing injury risk, and facilitating a modern approach to hazard management. It also features case studies and testimonials, emphasizing the product’s effectiveness.

Financially, Reelfix Construction Products Ltd presents a mixed picture. Cash reserves increased significantly, jumping 73% to £1,300,000, and current assets rose 50% to £1,500,000. However, net losses deepened to -£23,000, and trade debtors increased by 25% to £180,000, suggesting potential payment delays. Creditors also increased by 66% to £270,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increased debt warrants attention. There's no auditor mentioned, likely due to its status as a small company.

Despite the financial challenges, Reelfix appears to be a well-established player in its specialized market, with a focus on innovation and customer support. The company’s website and product offerings suggest a commitment to quality and safety—factors that could contribute to its long-term success.

Registered in England/Wales under the registration number 06050513, with a registered address at BS23 3TR, England, Weston Super Mare, Somerset, Unit 4 Quadeast, Warne Road.

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