Grizzly Tools Limited

Grizzly Tools Limited, based in West Bromwich, UK, is a small, active family business founded sixteen years ago. With £140,475 in assets and a real address, it’s a solo-founded operation run by one director and two owners. The company regularly imports machinery, boilers, and mechanical appliances—parts, with the last import activity recorded eight months ago in May 2018. It operates in the wholesale of agricultural machinery, equipment and supplies industries.

The company’s website showcases a wide range of products across various categories, including replacement parts, gardening tools, and cleaning supplies. It’s an online marketplace with a vast selection of items from brands like Parkside, Deltafox, and Florabest. The site allows customers to select their country to view prices and availability, suggesting a focus on international sales. It also has a FAQ section and contact information, indicating a commitment to customer service.

Financially, Grizzly Tools Limited shows some concerning trends. Current assets decreased by 6.7% to £140,000, while net assets declined by 2.5% to -£81,000. Bank borrowings increased by 32% to £7,200, and trade debtors fell by 76% to just £410. Creditors, however, rose by 5% to £330,000, which could be a sign of increased supplier relationships. The company meets the criteria for a small business—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and is exempt from an audit.

Overall, Grizzly Tools Limited appears to be facing some financial pressures, despite its established presence in the wholesale market. The decrease in assets and the negative equity raise questions about its long-term sustainability, although the increase in creditors could indicate a strategy to manage cash flow.

Registered in England/Wales under the registration number 06762640, with a registered address at B70 0DN, England, West Bromwich, 44 Elwell Street.

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