W.t.i. Fasteners Ltd

WTI Fasteners Manufacturers and Distributors of High Quality Wire Thread Inserts.

WTI Fasteners is a world-leading British manufacturer of wire thread inserts, boasting over 30 years of experience in the fastener industry. The company supplies a wide range of products, including wire thread inserts, thread repair kits, wire insert taps, and various tools for installation and extraction. They cater to a global supply chain across 67 countries, serving industries like aerospace, automotive, rail, and precision casting. WTI’s high-performance wire inserts are manufactured to aerospace standards (AS9100 Rev D) and supplied to OEMs and distributors worldwide. The company emphasizes stock availability, low lead times, and no minimum order charges, offering a range of delivery options and expert technical support.

WTI Fasteners operates primarily as a B2B manufacturer and distributor of specialized fasteners and related tooling. Their website showcases a comprehensive e-commerce platform, allowing customers to browse products, choose specifications, and likely place orders directly. While the site doesn't explicitly state whether it's a full-fledged online store with shopping carts and payment gateways, the "Shop Now" button suggests a transactional element. The site’s design is functional and informative, highlighting product features, industry applications, and technical specifications. It's clear that WTI’s online presence serves as a key marketing and sales channel, showcasing their expertise and facilitating customer engagement.

Financially, WTI Fasteners appears to be in a relatively stable position, though some trends warrant attention. Cash bank on hand decreased by 4.8% to £1,700,000, and net assets and liabilities grew by 8.9% to £4,500,000. However, accrued liabilities and deferred income decreased by 11.0% to £20,000, and creditors dropped significantly by 33.0% to £450,000. This could indicate improved cash flow management or potentially delayed payments. Dividends paid decreased by 36% to £600,000, which might be a strategic decision to reinvest in the business. The number of employees decreased by 14.0% to 12, which could be related to operational efficiencies or changing market conditions. While the company’s turnover isn’t explicitly stated, the fact that they are exempt from an audit suggests it falls under the small companies regime. The unaudited accounts, prepared by an unnamed firm, rely on director-reported data.

Registered in England/Wales under the registration number 02417598, with a registered address at LE65 1TR, Ashby-De-La-Zouch, Leicestershire, Meridian House Leicester Road, New Packington.

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