Groundsman Tools Limited

Groundsman Tools Ltd from Loughborough, UK, is a small, active company founded just three years ago. With six employees and £571,979 in assets, it’s a family business operating an e-commerce site and holding a stellar 5.0 Google rating from eleven reviews. The company, managed by two directors and owners, Wilson Lawrence and Wilson Lynette, specializes in the retail sale of grounds maintenance and landscaping tools and equipment.

The company’s website showcases a wide range of products, from hand tools like axes and shovels to power equipment and PPE. It caters to a variety of customers, offering brands like Bahco, Stihl, and Wolf Garten. The site also features a “Shop by Category” section, allowing customers to easily find what they need, and a “New Products” section highlighting the latest additions to the inventory. It even offers a “Bargain Blaster” clearance section and free delivery on orders over £75 ex. VAT. A “My Account” section allows customers to access preferential pricing rates.

Financially, Groundsman Tools Ltd shows a mixed picture. While current assets increased slightly to £570,000, net assets grew by a more significant 39% to £150,000. Cash reserves also saw a healthy increase of 51% to £84,000. However, accumulated depreciation impairment for property, plant, and equipment increased by 55%, and intangible assets decreased by 26%. Bank borrowings are not mentioned. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) likely allows for flexibility, but the increase in depreciation suggests ongoing investment in equipment. No auditor is mentioned, consistent with its status as a small, exempt company.

Registered in England/Wales under the registration number 13629795, with a registered address at LE12 9NJ, United Kingdom, Loughborough, Leicestershire, Prospect House Unit 4, Old Station Close.

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