Investment Tooling International Limited

Investment Tooling International Ltd, based in Manchester, UK, is a small, holding company with an active status. Established sixteen years ago in December 2008, it employs seventeen people and holds assets valued at £592,919. The company, with two directors and one owner, maintains a real address and boasts a respectable Google rating of 4.0 based on five reviews. It's a regular importer, specializing in machinery, boilers, and mechanical appliances, with seven months of import activity recorded, the last in February 2023.

The company operates in the other engineering activities, specifically engineering design for industrial processes and production. It’s a small company, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 100 employees. Its website is non-existent, which suggests a business-to-business model focused on direct sales rather than online retail.

Financially, Investment Tooling International Ltd presents a mixed picture. Current assets have fallen significantly by 41%, dropping to £590,000. Trade debtors have also seen a dramatic decrease of 50%, down to £120,000. However, cash reserves have increased by 25%, reaching £270,000. Creditors have also seen a substantial reduction of 77%, falling to £120,000. Bank borrowings have increased by 83%, reaching £150,000. The company’s equity remained stable at £600,000. With no auditor mentioned, the figures are unaudited.

The company’s increased bank borrowings and decrease in current assets suggest it might be reinvesting in its business or facing temporary cash flow challenges. The stable equity, however, indicates a solid foundation. The lack of a website and reliance on direct sales, combined with the company’s small size, suggests a focused and potentially specialized operation.

Registered in England/Wales under the registration number 06772202, with a registered address at M24 1SL, Manchester, 4a Moston Road, Middleton Junction.

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