W.T.I. FASTENERS LTD
Company number 02417598 · Monitor this company
Executive summary
W.T.I. Fasteners Ltd is a well-established, asset-rich manufacturing business with strong net assets of £4.6M and substantial cash reserves of £2.1M, supporting a CONDITIONAL APPROVE credit opinion. However, the significant erosion of shareholders' funds by approximately £793k and a 33.5% decline in cash during FY2025 require satisfactory explanation before unconditional approval, as these movements could indicate either aggressive dividend extraction or underlying trading deterioration. The company's low leverage, freehold property backing, and 35-year track record provide considerable comfort, but the lack of P&L visibility (small company exemption) means management accounts must be obtained to verify ongoing profitability and confirm the business can service additional debt obligations.
Shareholders' funds
£4,600,743
Balance sheet as at 2025-10-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1989-08-29
- Employees
- 13 (2025 accounts · was 12 in 2024)
- Registered office
- Meridian House Leicester Road, New Packington, Ashby-De-La-Zouch, Leicestershire, LE65 1TR
- Postcode
- LE65 1TR
- Capital
- 10,800 GBP
- Accounts category
- Total Exemption Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2025-10-31
- Next due by
- 2027-07-31
- Financial year end
- 31 October
Confirmation statement
- Last statement dated
- 2026-08-15
- Next due by
- 2027-08-29
Nature of business (SIC)
- 25940 Manufacture of fasteners and screw machine products
Officers 2 current · 3 resigned
Contact details
- Website
- wti-fasteners.co.uk
Wire Thread Inserts - Manufacturers and Distributors of High Quality Wire Thread Inserts. Thread Repair Kits - Wire Insert Taps
Previous company names
| Name | Date changed |
|---|---|
| CLEARKIND LIMITED | 1989-09-22 |
Previous registered addresses 4
| Address | Changed on |
|---|---|
| 7 MARQUIS COURT, RAWDON BUSINESS PARK, MOIRA, SWADLINCOTE, DERBYSHIRE, DE12 6EJ | 2012-09-11 |
| UNIT 10 HUNTINGDON COURT, WESTMINSTER INDUSTRIAL ESTATE, MEASHAM, DERBYSHIRE DE12 7DS | 2006-01-16 |
| 6-8 KILWARDBY STREET, ASHBY DE LA ZOUCHE, LEICESTERSHIRE, LE6 5FU | 1997-03-10 |
| 52 MARKET STREET, ASHBY DE LA ZOUCH, LEICESTERSHIRE, LE6 5SP | 1989-10-12 |
Among its peers
Top 25%
by shareholders' funds, of 11 similar companies in LE
Trading since 1989.
Competitors Leicester
This company ranks 2 among manufacture of fasteners and screw machine products in Leicester.
The class of 1989
50%
of the 21,096 companies incorporated in 1989 are still active today; 44% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 3 titles
- Freehold
- 2
- Leasehold
- 1
- Most recent registration
- 2023-04-24
- Price paid, where recorded
- £1,160,000
- Where
- Staffordshire (2), Leicestershire (1)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| SF386715 | Staffordshire | Freehold | 2023-04-24 | — |
| SF320680 | Staffordshire | Freehold | 2020-11-27 | £1,160,000 |
| LT512625 | Leicestershire | Leasehold | 2019-05-29 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.