Utility Fasteners Limited

Utility Fasteners Ltd, based in Northampton, UK, is a small, active company established 27 years ago. Employing six people and holding £411,566 in assets, it operates from a virtual address—a detail worth noting as 151 companies share the same registration address. The business is run by three directors and one owner, and it maintains an e-commerce site. It regularly imports miscellaneous metal items (26 months) and exports iron or steel products (13 months).

The company operates within the manufacture of fasteners and screw machine products industries. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. Its website showcases a vast range of products, from bolts and nuts to rivets and power tools, catering to a wide array of industrial and construction needs. The site's detailed product listings and categories suggest a deliberate effort to serve as a comprehensive online supplier.

Financially, Utility Fasteners Ltd presents a mixed picture. Cash bank on hand decreased by 32% to £10,000, while trade debtors increased by 18% to £180,000. Creditors also rose by 12% to £300,000. Interestingly, accumulated depreciation impairment for plant machinery decreased by 38%, suggesting either reduced investment or asset disposals. The company’s net current assets liabilities increased by 42% to £110,000. The lack of an auditor mentioned is likely due to its small size and exemption from audit requirements. The company’s growth in import and export activity, combined with its online presence, indicates a focus on expanding its customer base. The company is doing well, but it’s important to keep an eye on its cash reserves.

Registered in England/Wales under the registration number 03531157, with a registered address at NN4 7BF, Northampton, Northamptonshire, Artisans' House, 7 Queensbridge.

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