Raynor Tool Services Limited

Raynor Tool Services Ltd from Market Drayton, UK, is a small, active company founded 22 years ago. With 11 employees and £550,026 in assets, it's a well-established local business. The company, which has two directors and a single owner (a solo founder), boasts a perfect 5.0 Google rating based on five reviews. It’s an irregular importer, bringing in electrical machinery and equipment, with the last import operation recorded two months ago in December 2024.

The company operates in the manufacture of tools industries, and its registered address is real, with only one other company registered at the same location. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, Raynor Tool Services Ltd shows a mixed picture. Current assets increased by 6.5% to £550,000, while net assets grew by 4.3% to £760,000. Bank borrowings decreased by 14%, reaching £71,000, and cash reserves increased by 4% to £370,000. Creditors remained relatively stable. The company's small size allows it to remain agile, but the slight increase in bank borrowings may indicate a need for additional funding. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

The company’s financial statements are prepared in accordance with Financial Reporting Standard 102, and the director acknowledges their responsibilities for ensuring the company keeps accounting records that comply with the Companies Act 2006. It's a solid, well-regarded local business, but its financial health will need to be monitored closely in the coming years.

Registered in England/Wales under the registration number 04582389, with a registered address at TF9 1QS, Market Drayton, Shropshire, Units 5-8, Maer Lane Industrial Estate.

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