Samwell Tooling Limited

Samwell Tooling Ltd from Poole, UK, is a small, active company established 30 years ago in 1994. With six employees and £296,748 in assets, it’s a well-established, family-run business. The company operates from a real address on Benson Road, Nuffield Industrial Estate, and is overseen by two directors and one owner, Ian Raymond Wellman. Samwell Tooling specializes in the manufacture of tools, importing machinery, boilers, and mechanical appliances, parts for around two months, and exporting them for one month.

The company’s website showcases a wide range of tooling products, from carbide milling cutters to ballnose cutters and spotting drills. It’s clear that Samwell Tooling caters to industrial clients, offering both stock and bespoke tooling solutions. A key service is tool cutter grinding, with a history dating back to 40 years ago, and a focus on speed and quality. The site also highlights PVD coating services, a testament to its technical capabilities.

Financially, Samwell Tooling presents a mixed picture. Creditors decreased by 16%, suggesting improved debt management, but cash reserves fell by 43% to £25,000. Trade debtors increased by 25%, which could be a positive sign of increased sales, or a sign of customers taking longer to pay. Net assets increased by 6.4%, which is a good sign. Bank borrowings also decreased by 43%, which is a positive sign. The company’s small size—meeting two of three criteria for being a small company—allows for agility, but the changes in cash reserves warrant attention. The company is exempt from an audit, so the financial statements are unaudited.

Registered in England/Wales under the registration number 02981813, with a registered address at BH17 0GB, Poole, 29 Benson Road, Nuffield Industrial Estate.

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