Body Tools Uk Ltd

Body Tools Uk Ltd, based in Ilford, UK, is a small, active company founded eleven years ago in 2013. With two employees and £28,551 in assets, it’s a modest operation managed by a single director and owner. The company’s real address is shared by only one other business, suggesting a genuine presence. It’s an irregular importer, bringing in miscellaneous manufactured goods for a couple of months, with the last import operation recorded in March 2023. Officially, it operates in the retail sale via mail order houses or via internet industries.

The company’s website, while minimal, highlights its focus on tools and accessories, likely catering to a trade or hobbyist market. It’s hard to tell if it’s a full-fledged e-commerce site or simply a basic online presence, but it does suggest a direct-to-consumer approach.

Financially, Body Tools Uk Ltd’s picture is mixed. Current assets have decreased by 30% to £29,000, and net assets have fallen by 4.6% to -£46,000. Bank borrowings haven’t been reported, and cash reserves are a steady £6,500. Creditors have also decreased, but the negative equity is concerning. The company’s small size (meeting two of three conditions for a small company) allows it to remain nimble, but the decline in assets needs to be watched. The accounts are abridged and unaudited, and there’s no mention of an auditor, which is common for small, exempt companies.

While the company’s irregular import activity and limited online presence suggest a niche market, the financial data reveals some challenges. Whether Body Tools Uk Ltd can turn things around will depend on its ability to manage its costs and find new sources of revenue.

Registered in England/Wales under the registration number 08586013, with a registered address at IG6 3UG, England, Ilford, Unit 8c, Cromwell Centre Roebuck Road, Hainault Business Park.

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