Hd Tooling Ltd

Hd Tooling Ltd is a small, active company based in Cottingham, UK, founded sixteen years ago in 2009. With £151,566 in assets and a real registered address, it employs four people and is managed by two directors and two owners. The company operates in the "other manufacturing n.e.c." industries and is an irregular importer, primarily of machinery, boilers, and mechanical appliances, with its last import activity recorded one month ago in November 9 2022.

The company’s website is non-existent, making it difficult to determine if it operates an e-commerce platform or relies solely on wholesale channels. The lack of an online presence suggests a business-to-business model, potentially supplying components or services to larger manufacturers.

Financially, Hd Tooling Ltd’s recent performance presents a mixed picture. Current assets have decreased by 33% to £150,000, while net assets have fallen by 35% to £160,000. Bank borrowings have increased significantly, rising by 5.1% to £18,000, and cash reserves have seen a 21% increase to £78,000. Creditors have risen substantially, increasing by 49% to £200,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

The decline in net assets and increase in creditors suggest Hd Tooling Ltd may be facing financial pressures, possibly due to increased costs or delayed payments. However, the rise in cash reserves indicates the company has some buffer to navigate these challenges. The company’s irregular import activity, coupled with the lack of a website, suggests a niche business model that may be vulnerable to supply chain disruptions or changing market demands.

Registered in England/Wales under the registration number 06830659, with a registered address at HU16 4JT, Cottingham, East Riding Of Yorkshire, Units 1 & 2 Dunswell Road.

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