Grp Tools Limited

Grp Tools Ltd, based in Southampton, UK, is a small, family-run business with an active status. Founded eighteen years ago, the company employs sixteen people and holds £340,209 in assets. With a real registered address and three directors, plus two owners, it’s a tight-knit operation. The firm regularly imports and exports miscellaneous manufactured goods, with 30 months of import activity and 80 months of export activity recorded.

The company’s website, salesgrptools.co.uk, showcases its expertise in the composites industry, specializing in laminating rollers, resin application tools, and ancillary equipment. They even exhibit at industry events like JEC World, highlighting their products to a global audience. The website also features testimonials from satisfied customers, praising the company’s reliability and quality products. It seems they are focused on B2B sales, offering bespoke products and expert advice.

Financially, Grp Tools Ltd shows some mixed signals. Current assets have fallen by 38%, dropping to £340,000, while net assets have also declined by 11%, reaching £230,000. Bank borrowings have significantly decreased by 70%, falling to £9,600, and cash reserves have plummeted 89%, leaving just £21,000. Creditors have also decreased by 31%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the drop in equity raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Grp Tools Ltd is holding steady, but facing some financial pressures. The company's focus on the composites industry and its family-run nature suggest a commitment to quality and customer service—but whether it can sustain its growth in a competitive market remains to be seen.

Registered in England/Wales under the registration number 05999373, with a registered address at SO40 3WX, Southampton, Hampshire, Unit 12 Trinity Court, Brunel Road Totton.

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