Applied Torque Ltd

  • Small
  • Active
  • 15 years
  • 5 employees
  • £523,175 (assets)
  • Real address
  • 1 director
  • 1 owner
  • Regular importer
  • Solo founder
  • E-commerce
  • Rating 5.0 (11)

Field of Operation

Construction of other civil engineering projects n.e.c.
42990 20270 companies

Website

Social media

Phones

Summary

Applied Torque Ltd, based in Cardiff, UK, is a small, active company established fifteen years ago. With five employees and £523,175 in assets, it operates from a real address at Fairways House Links Business Park. Owned and directed by Turner Wayne, the company is a solo founder operation with a Google rating of 5.0 based on eleven reviews. It runs an e-commerce site and regularly imports machinery, boilers, and mechanical appliances, parts, with the last import operation made on December 01, 2024. The company works in the construction of other civil engineering projects.

The website highlights Applied Torque’s extensive range of torque tools and related equipment, catering to industrial and engineering sectors. It showcases a diverse inventory including torque wrenches, multipliers, hydraulic tools, and calibration equipment, alongside services like tool hire, calibration, and repair. The site also features a separate section dedicated to Enerpac hydraulics, showcasing pumps, cylinders, and jacks. The website’s layout is quite busy, with lots of products and links, but it gives a clear picture of the company’s breadth of offerings.

Financially, Applied Torque Ltd presents a mixed picture. Cash reserves increased by a substantial 85%, reaching £260,000, which is a positive sign. However, net assets decreased by 3.8% to £320,000. Creditors increased significantly by 310%, reaching £240,000, which could indicate increased reliance on trade credit. Bank borrowings have vanished, dropping 100% to zero, which is a good sign. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the rise in creditors warrants further attention. The accounts are unaudited, likely due to its small size.

Overall, Applied Torque Ltd seems to be navigating a period of change, with strong cash flow but growing liabilities. The company's focus on specialized tools and services, combined with a good online presence, suggests potential for future growth, but careful management of its finances will be essential.

Registered in Wales under the registration number 07078339, with a registered address at CF3 0LT, Cardiff, Fairways House Links Business Park, St Mellons.

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

Owners & PSC

  • 9 years
  • 2
  • 75%+

Managers

  • 15 years
  • 2
Director

Last reports

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Last news

  1. Confirmation statement made on 2024-11-17 with no updates
  2. Total exemption full accounts made up to 2023-12-31
  3. Confirmation statement made on 2023-11-17 with no updates
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Importer profile by HS codes

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