Jaycee Tools & Machinery Limited

Jaycee Tools & Machinery Ltd from Marlow UK: a small, active company founded 51 years ago, employs five people, and holds £98,687 in assets. It's a family business with three directors and two owners, operating from a real address and importing electrical machinery and equipment on an irregular basis (last import October 2024). The company’s core business involves the retail sale of hardware, paints, and glass in specialised stores, as detailed on its UK Online Tools website.

UK Online Tools is an e-commerce platform offering a wide range of tools and accessories, including hand tools, power tools, and specialist items like Veto tool bags. The site highlights quality products, often manufactured across Europe, and caters to various industries, from film and television to carpentry and engineering. It’s clear the company aims to provide superior, exclusive brands alongside more commonly available items.

Financially, Jaycee Tools & Machinery Ltd presents a mixed picture. Current assets have fallen by 23%, while net assets have decreased by 19%. Cash reserves have increased significantly by 78%, a positive sign, but trade debtors have plummeted 73%, which could indicate difficulties collecting payments. Bank borrowings have increased, and creditors have decreased, suggesting improved debt management. Despite being a small company (meeting two of three conditions for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), the drop in equity is concerning. The accounts are unaudited, and no auditor is mentioned.

In short, Jaycee Tools & Machinery Ltd is navigating some financial headwinds, but its established e-commerce platform and focus on quality tools could provide a foundation for future growth.

Registered in England/Wales under the registration number 01132212, with a registered address at SL7 3ND, United Kingdom, Marlow, Buckinghamshire, Unit A3b Rose Industrial Estate, Marlow Bottom.

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