Coral Tools Ltd
- Active
- Small
- Holding
- 13 years
- 16 employees
- £4,060,268 (cur assets)
- 1m-15m
- Regular importer
- Regular exporter
- Real address
- 4 directors
- 1 owner
- Morley
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 1 month ago, a good sign to sell them something.
Field of Operation
Website
Summary
Coral Tools Ltd, based in Morley, UK, is a small holding company with an active status, having been founded twelve years ago in 2012. Employing fifteen people, the company holds assets valued at £3,069,310. It operates from a real address and is overseen by three directors and one owner. Coral Tools is a regular importer of basic metal tools and utensils (140 months) and a regular exporter of miscellaneous manufactured goods (5 months).
The company’s website reveals a thriving business focused on painting and decorating tools. It's an e-commerce operation, offering a wide range of products from rollers and brushes to wallpaper tools and safety equipment, all branded under the Coral Tools name. The site also features a blog with helpful guides and tips for DIY enthusiasts, reinforcing its position as a knowledgeable supplier. They’re even acquired assets from Kin Ltd and Coreflex Ltd, showing growth.
Financially, Coral Tools Ltd presents a mixed picture. While current assets increased by 8.2% to £3,100,000, net assets grew by a more substantial 21% to £2,100,000. Bank borrowings, however, surged by a significant 180% to £140,000, and cash reserves decreased by 30% to £1,000,000. Trade debtors decreased by 34%, which is good. The company’s small size—meeting two of three conditions for being a small company—allows for agility, but the increase in borrowings suggests a need for careful cash flow management. The company is exempt from an audit, so the figures are unaudited.
Overall, Coral Tools Ltd appears to be a growing business, but it’s important to monitor its debt levels and ensure it maintains a healthy cash position.
Registered in England/Wales under the registration number 08126589, with a registered address at LS27 7JZ, Morley, Leeds, Unit G1 Gildersome Spur, Gildersome.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Corporate
- Solmare Ltd
- 9 years
- psc
-
Resident of United Kingdom
Managers
-
Individual
- 1 month
-
Resident of United Kingdom
-
Individual
- 5 years
-
Resident of United Kingdom
-
Individual
- 7 years
-
Resident of United Kingdom
-
Individual
- 13 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Appointment of Mrs Jane Ann Naylor as a director on 2026-02-10Download 2 pages pdf report
-
Director's details changed for Mr Matthew James Page on 2025-12-19Download 2 pages pdf report
-
Total exemption full accounts made up to 2024-12-31Download 9 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Coral Tools Ltd
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