F.p. (tools) Limited

F.p. (tools) Limited, a large company based in Tyseley, Birmingham, has been a fixture in the industrial supply sector for 65 years. Active and operating as a holding company, the firm employs 38 people and holds assets totaling £5,101,807. With three directors and one owner, the company is a regular importer and exporter of basic metal tools and utensils, boasting a 5.0 Google rating from two reviews. The company also runs an e-commerce site.

F.p. (tools) Limited specializes in procurement and management of indirect materials for its customers. They work with major system providers like IBM, Infor, and SAP Ariba, offering a unique supply chain experience. Quality control is at the heart of their operations, adhering to ISO 90012015 standards. They serve a wide range of industries, including those requiring industrial supplies.

Financially, F.p. (tools) Limited shows a mixed picture. Current assets increased by 12% to £5,101,807, a positive sign. However, net assets decreased by 15% to £2,300,000. Bank borrowings increased significantly by 94%, reaching £560,000, while cash reserves decreased by 30%. Creditors also increased by 31%, suggesting a need to manage debt effectively. The company meets two of three criteria to be considered large, with turnover over £36 million, balance sheet total over £18 million, and employees over 250. The audit firm Loucas conducted the audit.

The company's increased bank borrowings and decreased cash reserves could be due to investments in their e-commerce platform or expansion of their services. It’s likely that the company is investing in its future, but needs to carefully manage its debt levels to ensure long-term financial health.

Registered in England/Wales under the registration number 00650649, with a registered address at B11 3PX, Tyseley, Birmingham, Warwick House, Tyseley Lane.

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