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W.T.I. Fasteners Ltd

02417598

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

MERIDIAN HOUSE LEICESTER ROAD, ASHBY-DE-LA-ZOUCH, LE65 1TR
Incorporated 29/08/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25940
Manufacture of fasteners and screw machine products

Officers

Mr Andrew John Mason

director · Since 29/08/1991

DIRECTOR

BRITISH · ENGLAND · Age 60

Mrs Josephine Carole Mason

director · Since 29/08/1991

DIRECTOR

BRITISH · ENGLAND · Age 63

Persons with Significant Control

Mrs Josephine Carole Mason

25–50% shares

British · England · Age 63

Meridian House, Leicester Road, Ashby-De-La-Zouch, LE65 1TR

Notified 06/04/2016

Mr Andrew John Mason

25–50% shares

British · England · Age 60

Meridian House, Leicester Road, Ashby-De-La-Zouch, LE65 1TR

Notified 06/04/2016

Former PSCs

Mr Wayne Bryan Smith

Ceased 02/04/2025

Charges0 outstanding

charge
satisfied

LLOYDS BANK PLC

Created 01/08/1990Registered 20/08/1990Satisfied 23/04/2010

CompanyRankvs 22+ SIC 25940 peers
85

Financial strength97th percentile among SIC peers · 24/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 7.69× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£5.4M

Balance sheet strength

Cash

£3.2M

Cash in the bank

Net Current Assets

£3.9M

Working capital

Current Assets

£4.5M

Current Liabilities

£586k

Fixed Assets

£1.6M

Debtors

£326k

12avg. employees

Tax at Year End(2023)

Corp tax£257k
Dividends paid£599k

Balance Sheet

Assets less current liabilities£5.5M
Signed by Mrs J C Mason Mr A J Mason 17 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20247.69+£935k
20237.48+£365k
20224.86+£12k
20216.97

Derived from filed accounts. Not audited figures.