Excel Machine Tools Limited

Excel Machine Tools Ltd, based in Coventry, UK, is a small, family business established 43 years ago. With 15 employees and £2,388,854 in assets, it operates from a real address and is overseen by four directors and three owners. The company, founded by a solo entrepreneur, boasts a perfect 5.0 Google rating based on seven reviews. It's a regular importer and exporter of machinery, boilers, and mechanical appliances, parts, with 580 months of import activity and 145 months of export activity recorded.

The company’s website reveals a comprehensive online marketplace for industrial tools and equipment. It’s not a simple e-commerce site; instead, it functions as a digital catalog showcasing a vast range of products, from metalworking machinery to woodworking tools, air tools, and welding equipment. The site features dedicated sections for cleaning solutions, workshop tools, and even specialized equipment like grinders and drilling machines. It offers a wide selection of brands and products, and has a clearance section with discounted items. The website also includes a news section with articles on topics like rake angles and critical estimates, demonstrating a commitment to providing technical information to its customers.

Financially, Excel Machine Tools Ltd shows a mixed picture. While current assets remained steady at £2,400,000, trade debtors increased significantly by 150% to £310,000, which could indicate a shift in credit policies or delayed customer payments. Bank borrowings decreased by 17% to £240,000, suggesting improved debt management. However, accrued liabilities rose by 310% to £18,000, which may be a cause for concern. 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 agility, but the increase in accrued liabilities warrants further investigation. No auditor is mentioned, which is likely due to the company’s status as a small entity.

Overall, Excel Machine Tools Ltd appears to be a well-established business with a broad product offering. The financial data suggests some short-term pressures, but the company's long history and strong online presence indicate resilience.

Registered in England/Wales under the registration number 01596813, with a registered address at CV7 9NW, Coventry, Colliery Lane, Exhall.

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