Complete Tooling Solutions Limited

Complete Tooling Solutions Ltd, based in Rhyl, UK, is a small, active company established 21 years ago. Employing 25 people and holding £1,517,276 in assets, it operates from a real address and is managed by three directors and two owners. The firm has a respectable Google rating of 4.0 based on two reviews. It’s an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances, with its last import activity recorded two months ago in December 2023.

The company’s website, though minimal, reveals its focus on cold forming/folding and the manufacture of other machine tools. It appears to be a B2B operation, catering to industrial clients rather than direct consumers. There’s no obvious e-commerce presence, suggesting sales are handled through direct contact or quotations.

Financially, Complete Tooling Solutions Ltd presents a mixed picture. While current assets increased by 6.8% to £1,500,000, net assets remained relatively flat at £1,100,000. Bank borrowings decreased by 46%, reaching £12,000, and cash reserves fell by 43% to £270,000. Creditors increased by 26%, reaching £390,000, indicating a reliance on trade credit. Trade debtors also rose significantly, increasing by 52% to £560,000, which could signal delayed payments or a strategy of extending credit terms to secure larger contracts. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in trade debtors warrants close monitoring. As a small company, it's exempt from a full audit, so the financial information is unaudited. The company's retained earnings accumulated losses remained consistent at £1,100,000.

Registered in England/Wales under the registration number 04984101, with a registered address at LL18 2TT, Wales, Rhyl, Denbighshire, Unit A Cefndy Road Employment Park, Cefndy Road.

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