Woodall Fastening Systems Ltd

Woodall Fastening Systems Ltd, based in Southampton, UK, is a small, family-run business with an active status. Founded 22 years ago in 2003, the company employs 25 people and holds £2,359,625 in assets. It operates from a real address and is overseen by four directors and two owners. Boasting a perfect 5.0 Google rating from 12 reviews, the company is a regular importer and exporter of iron or steel products, with 30 months of import activity and 23 months of export activity recorded.

The company’s website, Techscrew Roofing Cladding Accessories, positions itself as a supplier of roofing and cladding fasteners and accessories. It highlights a range of products, including fixings, fasteners, tools, and accessories, catering to the building and construction industries. The site emphasizes in-house manufacturing, quality control, fast turnaround times, and nationwide delivery. It also features a section dedicated to technical support and case studies, showcasing the company's expertise and solutions. The website also references a separate entity, 1066 Sales Ltd, which operates a piano restoration business.

Financially, Woodall Fastening Systems Ltd shows a mixed picture. Current assets increased by 15% to £2,400,000, while net assets grew by 2.6% to £750,000. Cash bank on hand increased by 12% to £220,000. However, bank borrowings surged by 2,400%, reaching £29,000, and creditors increased by 18% to £1,900,000. 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 remain agile, but the increase in bank borrowings and creditors suggests a need to manage cash flow more carefully. The company is exempt from an audit as a small company, so the figures are unaudited.

Overall, Woodall Fastening Systems Ltd appears to be a stable, well-regarded business, but it’s important to monitor its financial performance closely to ensure it can continue to thrive.

Registered in England/Wales under the registration number 04757360, with a registered address at SO14 0JY, Southampton, Hampshire, Vanguard House, Empress Road.

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