Canterbury Tools Limited

Canterbury Tools Limited is a small, active company based in Walsall, UK, founded twelve years ago in 2012. With £703,992 in assets and eleven employees, it operates from a real address within an industrial estate. The company is led by one director and owner, and it runs an e-commerce site. It's a regular importer, specializing in optical and medical tools and devices, with 8 months of import activity recorded, the latest in January 2025.

The company’s website reveals a focus on engineering design activities for industrial processes and production. It offers services like automation, manufacturing, and machining, catering to various sectors. Canterbury Tools utilizes advanced technology, including CADCAM software and 3D scanning, and prides itself on a stimulating work environment that allows employees to achieve their personal goals. It’s a well-equipped operation, with a focus on precision tooling and project management, even sourcing components from the Far East.

Financially, Canterbury Tools Limited demonstrates mixed trends. Current assets have increased by 72% to £700,000, while net assets have risen by 24% to £460,000. Bank borrowings have decreased by 58%, and cash reserves have increased significantly by 110%. Creditors have increased substantially by 88%, and trade debtors have also risen by 62%. 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 agile, but the increase in creditors suggests a need to manage cash flow effectively. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s workforce has increased by 55%, which is a good sign, but the rise in creditors could be a cause for concern. It's possible the company is investing in growth, but it’s important to monitor its financial health closely.

Registered in England/Wales under the registration number 08091784, with a registered address at WS8 7DG, Walsall, West Midlands, Unit 14 Maybrook Industrial Estate, Maybrooke Road.

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