Aim Tools Ltd

Aim Tools Ltd, based in Birmingham, UK, is a small, active company established twelve years ago. With eleven employees and £2,687,197 in assets, it operates from a virtual address—a point worth noting as 141 companies are registered at the same location. The business is led by two directors, with Chehab Mohammed as the solo owner and founder. A Google rating of 3.0 from 100 reviews suggests room for improvement in customer perception. The company runs an e-commerce site and regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 270 months of import activity and 53 months of export activity.

The company’s website showcases a wide array of products, from power tools and hand tools to car repair equipment and engineering supplies. It’s a one-stop shop for professionals and hobbyists alike, with categories ranging from cordless tools and air tools to precision tools and water pumps. The site even includes a wholesale section, indicating an ambition to serve larger clients. The website has a lot of categories, and it’s clear that they are trying to sell a lot of different things.

Financially, Aim Tools Ltd presents a mixed picture. While bank borrowings remained steady at £84,000, cash reserves decreased by 6.4% to £650,000. Current assets increased by 6.1% to £2,700,000, which is good, but trade debtors significantly decreased by 150% to -£21,000, which is concerning. Investment property fair value model remained constant at £29,000. The average number of employees increased substantially by 73% to nineteen, which could be a sign of growth, but also potentially increased costs. 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 nimble, but the decrease in debtors should be monitored. No auditor is mentioned, which is common for small companies. Overall, Aim Tools Ltd appears to be a growing business, but it needs to manage its debtors effectively to maintain financial stability.

Registered in England/Wales under the registration number 08085067, with a registered address at B26 2RR, England, Birmingham, 449 Brays Road.

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