Sherex Fastening Solutions UK Ltd
Registered name: SHEREX FASTENING SOLUTIONS UK LTD
Part of Penn Engineering Fastening Technologies (Europe) Limited groupSherex Fastening Solutions UK Ltd made £808k revenue and £12.5k profit in the year to 31 Dec 2024.
Sherex Fastening Solutions UK Ltd’s revenue fell 11% to £808k in the year to 31 Dec 2024, with £12.5k profit and 5 employees. The company is classified under “wholesale of other machinery and equipment” and is based in Burnley; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Burnley, North West
- Age
- 7 yrs · since 2019
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Penn Enineering Fastening Technologies (Europe) Ltd”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Profit only | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £904k | £808k |
| Cost of sales | — | £470k | £456k |
| Gross profit | £337k | £439k | £352k |
| Operating profit | £27.8k | £108k | — |
| Profit before tax | £27.8k | £108k | £32.5k |
| Profit after tax | £27.8k | £108k | £12.5k |
| Profit (best available) | £27.8k | £108k | £12.5k |
| Employees (average) | 5 | 5 | 5 |
| Ratios | |||
| Profit margin | — | 12% | 1.6% |
| Gross margin | — | 48.5% | 43.6% |
| Revenue per employee | — | £181k | £162k |
| Profit per employee | £5.6k | £21.7k | £2.5k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼10.7% |
| Profit growth | — | ▲289.4% | ▼88.5% |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £62.6k | £139k | £247k |
| Net assets | £180k | £494k | £72.8k |
| Fixed assets | £10.2k | £8.9k | £11k |
| Current assets | £552k | £498k | £770k |
| Debtors | £202k | £23.3k | £156k |
| Source | AbridgedAccounts · bulk data Sep 2024 | AbridgedAccounts · bulk data Sep 2024 | FilletedAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 1.6%
- Profit ÷ revenue.
- Gross margin
- 43.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £162k
- Revenue ÷ average employees.
- Profit per employee
- £2.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 19.3%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼85%
- Now £72.8k
- Cash at bank
- ▲77%
- Now £247k
- Headcount
- 0%
- Now 5
- Deferred income
- —
- Now —
- Fixed assets
- ▲24%
- Now £11k
Group structure
Ownership chain
- Penn Engineering Fastening Technologies (Europe) Limited (registered outside the UK register)ultimate parent75–100%
- Sherex Fastening Solutions UK Ltdthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FilletedAccounts for the year to 31 Dec 2024 (profit £12.5k), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.