Socket & Allied Screws Limited

Socket & Allied Screws Ltd, based in Birmingham, UK, is a small, active company established 39 years ago. With 18 employees and £2,104,201 in assets, it’s a well-established player in its sector. The company has a real registered address and is managed by three directors, with Bradley Kevin Michael owning the business. It regularly imports iron or steel products (10 months) and exports them (51 months), demonstrating a global reach.

The company’s website highlights its expertise as a leading manufacturer and supplier of special socket screws and associated fastener components. Operating from its machining base in the West Midlands, Socket & Allied Screws caters to advanced engineering sectors, including automotive, oil & gas, rail, nuclear, aerospace, and defence. The site details a wide range of machined products, bespoke fasteners, and technical services, including CAD modifications, plating, and heat treatment. The website’s content suggests a focus on quality precision formed components and customer service.

Financially, Socket & Allied Screws Ltd shows a mixed picture. Current assets rose by 10% to £2,100,000, while net assets increased by 11% to £2,000,000. Bank borrowings decreased by 21%, reaching £71,000, and cash reserves increased by 14% to £1,600,000. Trade debtors decreased by 20%, suggesting better debt management. 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 stay competitive, but the increase in bank borrowings is something to keep an eye on. The company is exempt from an audit as a small company, so the figures are unaudited.

Overall, Socket & Allied Screws Ltd seems to be a stable, well-managed business, though a bit of a slow growth.

Registered in England/Wales under the registration number 02000030, with a registered address at B42 1DU, England, Birmingham, Socket And Allied Screws Limited Austin Way, Hamstead Industrial Estate.

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