Drayton Welding & Tool Connections Limited

Drayton Welding & Tool Connections Ltd from Sleaford, UK, is a small, family-run business with an active status, celebrating 36 years in operation. Employing twelve people and holding assets of £1,038,042, the company has a real address and is overseen by four directors and two owners. It operates an e-commerce site and enjoys a stellar 5.0 Google rating based on fourteen reviews. The company regularly imports machinery, boilers, and mechanical appliances, with its last import operation recorded three months ago.

The company’s website showcases a wide range of welding products, tools, and accessories, catering to both professional welders and hobbyists. It offers various welding machines, fume extraction systems, and consumables, alongside hand tools, power tools, and PPE. The website emphasizes expert advice, product demonstrations, and servicing support, positioning Drayton Welding as a trusted supplier. It even has a section for "featured online deals," suggesting a focus on competitive pricing.

Financially, the company's recent performance shows a mixed picture. While current assets increased slightly to £1,000,000, cash reserves took a significant hit, dropping 76% to just £45,000. Trade debtors also increased by 4.3% to £480,000, which could indicate a need to improve cash flow management. On the positive side, creditors decreased by 21%, suggesting better debt control. The company’s small size (meeting two of three conditions for being classified as small) allows for flexibility, but the decline in cash reserves warrants attention. No auditor is mentioned, which is typical for small companies.

Overall, Drayton Welding & Tool Connections Ltd appears to be a well-established business with a strong online presence, but it’s important to keep an eye on its cash flow in the coming months.

Registered in England/Wales under the registration number 02295125, with a registered address at NG34 7EW, Sleaford, Lincolnshire, The Coachworks, Woodbridge Road.

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