Rolson Tools Limited

Rolson Tools Ltd, based in Twyford, UK, is a well-established family business with a solid trading status. Incorporated 39 years ago in September 1985, the company employs 31 people and boasts assets totaling £9,616,681. With four directors and two owners, Rolson Tools operates from a real address and maintains a strong online presence with an e-commerce site and a respectable 4.0 Google rating from 38 reviews. The company regularly imports and exports basic metal tools and utensils – 2067 months of import activity and 194 months of export activity were recorded.

Rolson Tools specializes in the wholesale of hardware, plumbing, and heating equipment, catering to a broad range of customers. Their website showcases a vast selection of products, from automotive tools to garden accessories, and even includes a dedicated section for new arrivals and promotional offers. Notably, the site also features a “Nordrok” section, highlighting a new line of camping and lifestyle products.

Financially, Rolson Tools presents a mixed picture. While revenue remained steady at £11 million, net assets increased by a modest 1%, reaching £6.2 million. However, cash reserves took a significant hit, declining by 37% to £51,000. Bank borrowings also increased by 30% to £35,000. Creditors decreased by 18%, suggesting improved debt management. The company meets two of three criteria for being a large company – turnover exceeding £36 million and a balance sheet total exceeding £18 million – but the decrease in cash is something to keep an eye on. The unaudited financial statements, prepared by CCH Software, do not mention an auditor.

Overall, Rolson Tools Ltd appears to be a stable, long-standing business, but the drop in cash reserves warrants further scrutiny. The company's diverse product range and online presence position it well for continued success, but managing its finances will be key.

Registered in England/Wales under the registration number 01947688, with a registered address at RG10 9HZ, Twyford, Berkshire, Rolson House London Road, Ruscombe.

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