Mandys Tools Limited

Mandys Tools Ltd, based in Downham Market, UK, is a small, active company founded ten years ago. With a single employee and £62,764 in assets, it operates from a virtual address shared by 27 other companies. The business, led by one director and owner, runs an e-commerce site and enjoys a stellar 5.0 Google rating from twelve reviews. It’s a regular importer of iron or steel products, with its last import operation occurring in April 2022.

The company’s website, accessible through eBay Stores, showcases Yardman Fasteners, a supplier of metal fasteners like linch pins, R clips, nuts, bolts, washers, and ground pegs. The business sources these products from India and represents each bag from its Lincolnshire warehouse. It prides itself on offering value and quality, with every order carefully picked, packed, and booked for delivery. The eBay store is currently away until May 2025, with a delay in delivery expected.

Financially, Mandys Tools Ltd shows some concerning trends. Cash bank on hand dropped significantly by 34%, falling to £13,000. Current assets also decreased by 26%, settling at £63,000, while net assets declined by 13%, reaching £53,000. Creditors, however, decreased by 56%, falling to £11,000, suggesting improved debt management. Trade debtors also decreased, although the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible. The lack of an auditor, likely due to its small size, means the figures are unaudited.

Despite the challenges, Mandys Tools Ltd seems to be holding its own, leveraging its eBay presence and positive customer reviews to maintain a steady flow of business.

Registered in England/Wales under the registration number 09098282, with a registered address at PE38 0QQ, United Kingdom, Downham Market, Norfolk, First Floor 12 St Johns Way, St Johns Business Estate.

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