Monument Tools Limited

Monument Tools Limited, based in Hackbridge, Wallington, UK, is a well-established company with a rich history. Founded 91 years ago in 1933, this large company, currently active, boasts 57 employees and holds assets worth £4,678,457. It operates from a real address and is overseen by three directors and one owner. The company maintains a solid 4.0-star Google rating based on 13 reviews, reflecting a positive customer perception. Monument Tools is a regular importer and exporter, specializing in basic metal tools and utensils, with 283 months of import activity and 170 months of export activity recorded.

The company’s website paints a picture of a UK-based, privately-owned manufacturer specializing in plumbing, roofing, and drainage tools. They design, manufacture, and market these tools under their own "Monument" brand, as well as through private label and OEM agreements. Their products range from small pipe cutters to large manhole cover lifters, and they even have a showroom in Harrods, London. The company emphasizes its 80-year heritage and the involvement of the Collier family, now in its fifth generation. They are also keen to offer a range of products that merchants can offer to their customers.

Financially, Monument Tools Limited shows a mixed picture. While comprehensive assets have increased by 5.7%, a few areas show signs of change. Bank borrowings have decreased significantly by 30%, while cash reserves have increased by a substantial 43%. Creditors have also risen by 8.1%, suggesting a need to manage debt. The company’s large size (meeting two of three criteria for a large company) and the fact that it’s not been audited, means the figures are based on management’s assessment.

The company’s auditor is Gravita Audit II Limited. The trends suggest that Monument Tools is financially stable, but perhaps needs to focus on managing its creditors to maintain a healthy balance sheet. The continued success of its products, particularly its presence in Harrods, suggests a strong brand reputation and a potential for future growth, despite the financial pressures.

Registered in England/Wales under the registration number 00281817, with a registered address at SM6 7AH, Hackbridge Wallington, Surrey, Restmor Way, Hackbridge Road.

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