Samac Fixings Limited

Samac Fixings Ltd from Wickford UK is a large, active company founded 21 years ago. With 66 employees and a real address, the family business boasts a stellar 5.0 Google rating from 14 reviews. It’s a regular importer of iron or steel products, having imported for 407 months, with the last import operation made on January 01, 2025. The company has two directors, three owners, and operates as a wholesale distributor of hardware, plumbing, and heating equipment.

The company’s website, salemacfixings.co.uk, showcases a comprehensive range of products, including screws, plugs, nails, fixings, fasteners, roofing products, building products, fencing products, wire netting, and adhesives. It emphasizes providing quality products with great service, competitive pricing, and fast deliveries. The site also includes a catalogue for download. The company’s website gives a good impression, and it’s clear they are focused on providing a wide range of products to the merchant trade.

Financially, Samac Fixings Ltd shows a mixed picture. While bank borrowings have significantly decreased by 49%, dropping to £1.3 million, cash reserves have also fallen by 36% to £41,000. Net assets, however, have increased by a substantial 18%, reaching £2 million. Creditors have also decreased by 41%, suggesting improved debt management. The company's turnover remained constant at £14 million, and administrative expenses increased by 6% to £3.7 million. The surge in corporation tax payable, jumping from £17,000 to £92,000, is notable. The company’s large size, meeting two of three conditions for a large company, is reflected in its turnover of £14 million. The audit firm, Rickard Luckin Limited, conducted the audit.

Despite the financial fluctuations, Samac Fixings Ltd appears to be a well-established player in its industry. The decrease in bank borrowings and improved creditor management are positive signs, while the increase in net assets suggests a healthy underlying business. The increase in corporation tax payable is a little concerning, but it could be due to a one-off event.

Registered in England/Wales under the registration number 04997788, with a registered address at SS11 8YW, United Kingdom, Wickford, Essex, Capitol Industrial Centre Units 2-4, Fulmar Way.

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