Westfield Fasteners Limited

Westfield Fasteners Ltd from Aylesbury UK: a small, active company founded fifteen years ago, employs fifteen people, and holds assets of £1,008,580. It’s a real address with four directors and two owners, operates an e-commerce site, and enjoys a stellar 5.0 Google rating based on nearly six hundred reviews. The company is a regular importer of iron or steel products (150 months) and a regular exporter (29 months).

Westfield Fasteners specializes in supplying nuts, bolts, screws, fasteners, and hose clips, operating primarily through its online shop. The website showcases a wide range of ISO metric and Unified threaded fixings, including stainless steel screws, nuts, and washers, alongside pins, hose clips, and associated fixings. It also offers brass screws and high-tensile steel options, catering to both industrial and consumer needs. The site emphasizes fast and intuitive ordering, reliable delivery options, and even credit facilities for business customers. It’s clear that Westfield Fasteners is aiming to be a one-stop shop for fastener requirements, bringing the global market within reach.

However, a closer look at the financial data reveals some concerning trends. While current assets remained stable at £1,000,000, net assets declined by 3.6% to £780,000. Cash bank on hand took a significant hit, dropping 39% to £200,000. Creditors increased by nearly 5%, and trade debtors jumped a whopping 40%, suggesting potential issues with customer payments. On the positive side, other debtors increased by 120%, which could be a sign of growing sales. The company's small size—meeting two of three conditions for being classified as small—allows for agility, but the decline in equity is something to watch. There's no auditor mentioned, which is typical for a small company, so the figures are unaudited.

Overall, Westfield Fasteners Ltd appears to be a well-regarded supplier with a strong online presence, but the financial data suggests it's navigating some challenges. Whether it can maintain its growth trajectory and profitability remains to be seen, but its focus on customer service and a wide product range provides a solid foundation.

Registered in England/Wales under the registration number 07215583, with a registered address at HP18 9EW, Aylesbury, Buckinghamshire, Westfield Farm Westfield Road, Long Crendon.

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