Tradefix Direct Ltd.

Tradefix Direct Ltd from Manchester UK is a small, active company founded 18 years ago. With seven employees and £601,859 in assets, it operates from a real address and is overseen by three directors and one owner. It boasts a strong Google rating of 4.0 based on 43 reviews. The company is an irregular importer of iron or steel products, with its last import operation occurring one month ago.

Tradefix Direct Ltd is a family-run business supplying fixings and fastenings to the trade. It’s been around for over 20 years and prides itself on offering competitive prices and a wide range of products, including nails, screws, sealants, and adhesives. The company’s website showcases a vast inventory, catering to various construction and DIY needs. It even offers a range of power tool accessories and safety workwear.

Financially, Tradefix Direct Ltd shows a mixed picture. Current assets decreased by 3.5% to £600,000, while net assets increased by 4.6% to £380,000. Bank borrowings decreased by 8.8% to £190,000, and cash reserves increased by 20% to £200,000. Creditors also decreased by 4.9% to £480,000. The company meets two of three criteria to be classified as small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). The decrease in trade debtors, however, suggests potential issues with customer payments. With no auditor mentioned, the financial statements are unaudited.

The company’s focus on trade customers and its extensive product range suggest a solid foundation, but the financial fluctuations warrant careful monitoring. The business seems to be holding steady, but it's facing some pressures.

Registered in England/Wales under the registration number 05879550, with a registered address at M27 0RD, Manchester, Unit 8 Deans Road Industrial Estate, Deans Road, Swinton.

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