Pen Cutting Tools Limited
- Active
- Small
- Holding
- 57 years
- 28 employees
- £620,132 (cur assets)
- 0-1m
- Regular importer
- Regular exporter
- Real address
- 2 directors
- 1 owner
- Sheffield
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Pen Cutting Tools Limited, based in Middlesbrough, UK, is a small, holding company with an active status. Established 56 years ago in 1968, it employs 24 people and holds £831,752 in assets. The company operates from a real address and is overseen by two directors and a single owner. It regularly imports and exports basic metal tools and utensils, with 6 months of import activity and 9 months of export activity recorded.
The company’s website is unavailable, making it difficult to assess its online presence and sales channels. It’s likely they operate primarily through business-to-business sales rather than direct-to-consumer e-commerce.
Financially, Pen Cutting Tools Limited shows a mixed picture. Current assets have decreased by 20%, dropping to £830,000. Bank borrowings have increased by 7.8%, reaching £200,000, while cash reserves have grown by 37%, now sitting at £8,700. Trade debtors have fallen by 27%, suggesting improved collection of payments. Net assets have also decreased by 22%, down to £560,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it doesn't require an audit, relying on unaudited statements. The increase in bank borrowings, however, could indicate a need for capital investment or working capital support. The decrease in trade debtors is a positive sign, suggesting better financial management. The company's directors have been changed three months ago, which is a good sign.
Overall, Pen Cutting Tools Limited appears to be a stable, long-standing business facing some financial pressures, but with a solid foundation and a history of reliable imports and exports.
Registered in England/Wales under the registration number 00941929, with a registered address at S9 2LR, England, Sheffield, Pen Cutting Tools, Bold Street.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Corporate
- 12896956
- 7 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 1 year
- 8
-
Resident of United Kingdom
-
Individual
- 1 year
- 4
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Total exemption full accounts made up to 2025-03-31Download 10 pages pdf report
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Registration of charge 009419290009, created on 2026-03-09Download 38 pages pdf report
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Satisfaction of charge 009419290008 in fullDownload 1 page pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Pen Cutting Tools Limited
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