Technifast Ltd.

Technifast Ltd, based in Corby, UK, is a small, active company founded 35 years ago in 1990. With 17 employees and £1,437,198 in assets, it’s a well-established player in its sector. The company has four directors and one owner, Speed Louis Harumi, and operates from a real address on Oakley Hay Industrial Estate. It’s a regular importer and exporter of iron or steel products, with 59 months of import activity and 58 months of export activity recorded as of February 2025.

Technifast Ltd specializes in the manufacture of precision fasteners and components, particularly pins, dowels, spacers, inserts, and keys. Its website highlights its expertise in providing engineering fasteners and components to industries worldwide, including medical, automotive, aviation, and marine. It also has a manufacturing division dedicated to producing small and complex turned parts using CNC machines, with a reputation for both high-volume runs and prototype manufacturing. The company is ISO9001 registered, underscoring its commitment to quality.

Financially, Technifast Ltd’s recent performance shows some concerning trends. While the company’s turnover is not explicitly stated, its assets have decreased by 17% to £1,400,000. Net assets have also declined by 6% to £1,700,000. Bank borrowings have risen significantly, increasing by 38% to £11,000, and cash reserves have fallen by 1.7% to £410,000. Creditors have increased by 11% to £420,000, and trade debtors have fallen by 35% to £290,000. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the decrease in equity and increase in debt are worth noting. The company is exempt from an audit, so the financial statements are unaudited.

The company’s continued investment in its machining capabilities, alongside its ISO9001 registration, suggests a commitment to maintaining its position in the market, even as it navigates these financial challenges.

Registered in England/Wales under the registration number 02460440, with a registered address at NN18 9QD, Corby, Northamptonshire, North Folds Road, Oakley Hay Industrial Estate.

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