Gotools Limited

Gotools Ltd from Rotherham, UK, is a small, active company founded thirteen years ago in 2012. With twenty-three employees and £807,289 in assets, it operates from a real address and is managed by one director and owner. The company boasts a perfect 5.0 Google rating based on two reviews, and is a regular importer of machinery, boilers, and mechanical appliances, parts – with eleven months of import activity recorded.

The company's website, GoTools, positions itself as a market-leading tooling expert in South Yorkshire. It provides tooling solutions for various industries, including medical, food & drink, industrial, automotive, agricultural, environmental, rail, and offers turnkey project management, machines, quality assurance, and diecast/mould tooling. They even have a video showcasing their work. The website is well-designed and professional, suggesting a focus on quality and customer service.

Financially, Gotools Ltd shows some concerning trends. While cash reserves increased by 27% to £67,000, current assets decreased by 16% to £810,000. Bank borrowings decreased by 48% to £36,000, which is a positive sign. However, the most notable change is the significant drop in net assets – down 2.3% to £790,000. Trade debtors also fell by 23%, which could indicate a slowdown in customer payments. The company meets the criteria for a small company – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees – and, as such, is exempt from an audit. The lack of an auditor mentioned relies on unaudited statements.

Overall, Gotools Ltd appears to be a well-regarded tooling company, but the recent financial figures suggest it’s facing some challenges. Whether these are temporary setbacks or a sign of deeper issues remains to be seen, but it’s clear that the company needs to keep a close eye on its financial performance.

Registered in England/Wales under the registration number 07984083, with a registered address at S66 8QY, Rotherham, South Yorkshire, Unit 11 Braithwell Way, Hellaby Industrial Estate.

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