Independent Tool Consultants Limited

Independent Tool Consultants Ltd, based in Staverton, Cheltenham, UK, is a well-established large company with an active status, having operated for 52 years. Employing 42 people and boasting assets of £33,918,232, the company has a real address and is led by four directors and one owner, who is also the solo founder. It holds a stellar 5.0 Google rating based on one review. The business regularly imports and exports iron and steel, with 174 months of import activity and 354 months of export activity recorded.

The company’s website, Intoco Special Steels Alloys Distribution, showcases a wide range of specialist stainless steels, nickel alloys, and hotwork tool steels. It operates as both a distributor and a manufacturer, offering advanced manufacturing services alongside its steel distribution business. Intoco caters to various sectors, including oil and gas, aerospace, metal extrusion, pharmaceutical, green energy, petrochemical, and subcontract industries, emphasizing its extensive stock range and size. The website actively promotes its services, encouraging customers to contact its sales team and offering a mailing list for regular stock updates.

Financially, Independent Tool Consultants Ltd presents a mixed picture. While cash bank on hand increased significantly by 42% to £15 million, net assets grew by 18% to £35 million. However, turnover decreased by 15% to £12 million, and profits also fell by 29% to £5.4 million. Bank borrowings decreased by 30%, and staff costs were reduced by 30%, suggesting efforts to control expenses. A notable increase in trade debtors (890%) could indicate challenges in collecting payments. The company’s auditor is Azets Audit Services. The financial statements are audited and comply with FRS 102. Overall, Independent Tool Consultants Ltd appears to be navigating a period of change, with efforts to manage costs alongside a decrease in revenue.

Registered in England/Wales under the registration number 01060362, with a registered address at GL51 6SX, Staverton Cheltenham, Gloucester, Unit 7, Bamfurlong Industrial Park.

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