Gypsumtools Limited

Gypsumtools Ltd from Leicester UK: a small holding company with an active status, was founded thirteen years ago in 2011. The company employs just three people and holds £437,670 in assets, operating from a real address with four directors and one owner. It’s a regular importer of basic metal tools and utensils, having imported for 39 months, with the latest import occurring in January 2025. It exports machinery, boilers, and mechanical appliances parts, but only irregularly, with just two months of export activity recorded, the last in December 2023.

The company’s website, Gypsumtools, specializes in plastering tools and dry lining supplies, catering to the construction industry. It operates an e-commerce site with a JavaScript warning, offering a wide range of products from taping tools to plastering accessories, and even offering credit accounts for VAT-registered businesses. The site also features a blog and highlights brands like Level 5, Marshalltown, and RST, suggesting a focus on quality and industry-recognized names.

Financially, Gypsumtools Ltd presents a mixed picture. While current assets increased by 17% to £440,000, net assets decreased by 56% to -£340,000. Bank borrowings increased by 2,400% to £29,000, and cash reserves fell 58% to £23,000. Trade debtors increased by 120% to £130,000, indicating a possible reliance on customer payments. Creditors decreased by 18%, suggesting better debt management. The company meets two of the three criteria to be classified as small, with a turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There is no auditor mentioned, likely due to the small size of the company.

The sharp decline in equity and the increase in bank borrowings are concerning, suggesting the company may be burning through cash. However, the increase in trade debtors could also indicate a period of growth, with customers taking longer to pay. It's possible that the company is investing in its e-commerce platform or expanding its product range, which could explain the financial strain.

Registered in England/Wales under the registration number 07635823, with a registered address at LE4 5JD, United Kingdom, Leicester, Leicestershire, 1934 The Yard Exploration Drive.

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