Roy Turnbull (fasteners) Limited

Roy Turnbull Fasteners Ltd, hailing from Lancashire, UK, is a small, active company established 38 years ago. With seven employees and £1,177,958 in assets, it’s a well-established, family-run business. The company, led by three directors and a single owner (a solo founder), operates from a real address and has been importing iron or steel products for 30 months, while exporting them for an impressive 579 months.

The company’s core business revolves around the wholesale of other intermediate products, with a focus on fasteners and related hardware. While there's no active e-commerce presence, the business likely serves industrial clients and distributors through direct sales and possibly through online marketplaces. The company's website is non-existent.

Financially, Roy Turnbull Fasteners Ltd shows a generally healthy picture, though with some interesting trends. Cash reserves have increased significantly, jumping 90% to £740,000, a positive sign of improved liquidity. Current assets have also risen by 42%, reaching £1,200,000, indicating a stronger working capital position. However, trade debtors have increased by 5.9%, suggesting a slight delay in customer payments. On the liability side, creditors have grown by 18%, and bank borrowings have increased. Equity has also seen a boost, rising 13% to £2,600,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Roy Turnbull Fasteners Ltd appears to be a stable, well-managed company. The increase in cash and assets suggests a period of growth, while the slight rise in debtors could be a temporary blip. The company's long history of importing and exporting demonstrates its established position in the market, and its focus on fasteners and hardware provides a solid foundation for continued success.

Registered in England/Wales under the registration number 02113465, with a registered address at OL6 6QU, Lancashire, 7 Stamford Square, Ashton-Under-Lyne.

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