Complete Tool Limited

Complete Tool Limited, based in Uckfield, UK, is a small, active company established eleven years ago. Despite being overdue on its confirmation statement by five months, it maintains a real address and employs a single person, overseen by one director and owner. The company regularly imports basic metal tools and utensils, with six months of import activity recorded.

The company’s website is currently closed, but it directs visitors to ItSeeze, a platform offering website design, support, and editing services. This suggests a shift in focus or a temporary pause in online operations, potentially transitioning to a more service-oriented model. The company operates in the retail sale via mail order houses or via internet industries.

Financially, Complete Tool Limited presents a mixed picture. While bank borrowings remain consistent at £3,600, cash reserves are a modest £430. Creditors have increased significantly, jumping 32% to £15,000, which could indicate increased purchasing activity or potential cash flow pressures. Equity has also declined sharply, dropping 75% to -£16,000—a concerning trend. 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 for flexibility, but the declining equity warrants attention. There is no auditor mentioned, so the figures are unaudited.

The company's financial data suggests it’s burning through money, rather than building reserves. The increased creditors, combined with the negative equity, could be a cause for concern, though it’s possible the company is strategically investing in growth. The shift away from its own website and towards ItSeeze may be a cost-saving measure or a move to leverage existing online infrastructure—but it's a change worth noting.

Registered in England/Wales under the registration number 08720979, with a registered address at TN22 5SF, Uckfield, East Sussex, 1 Greenfield Drive, Ridgewood.

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