Ats Diamond Tools Limited

Ats Diamond Tools Ltd from Sidcup UK: a small holding company with an active status, was founded 14 years ago. It employs just three people and holds £177,017 in assets, operating from a virtual address. With two directors and two owners, the company boasts a respectable Google rating of 4.0 based on six reviews. It’s a regular importer of stone, plaster, cement, and similar material products, with nine months of import activity recorded.

The company’s website, Ats Diamond Tools, focuses on supplying affordable diamond tooling for stone masonry and tiling. It offers a range of products, from cutting and drilling tools to profiling kits and power tools, catering to both professionals and hobbyists. Customers can purchase items directly through the website, with PayPal offering buy now pay later options. The site also highlights customer service, fast payment options, and a selection of bestsellers, including diamond blades and profiling tools. It seems like a well-organized e-commerce operation, with a focus on quality and customer convenience.

Financially, Ats Diamond Tools Ltd shows a mixed picture. Current assets have decreased by 20%, dropping to £180,000, while net assets have fallen 21%, settling at £120,000. Bank cash reserves have increased significantly by 240%, reaching £33,000, which is good news. However, accrued liabilities have risen by 120%, reaching £1,600, and other creditors have doubled to £9,600. 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 stay nimble, but the decrease in equity is something to keep an eye on. There's no auditor mentioned, which is common for small companies. Overall, it seems like Ats Diamond Tools Ltd is managing, but the financial data suggests a need for careful monitoring.

Registered in England/Wales under the registration number 07624346, with a registered address at DA14 4DT, England, Sidcup, Kent, 12 Hatherley Road.

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