Sb Tools Limited

Sb Tools Ltd from Weymouth UK is a small, active company founded five years ago. It employs one person and holds £176,205 in assets, operating from a virtual address. The company has two directors and one owner, and runs an e-commerce site.

Sb Tools Ltd operates in several industries, including building completion, hardware wholesale, mail order retail, and specialized hardware stores. Its website showcases a vast range of tools and equipment, from adhesives and Allen keys to power tools and wheelbarrows. It's clear they cater to the construction and trades industries, offering both individual items and apprentice kits. The site also highlights special offers and new arrivals, aiming to attract customers with competitive pricing.

Financially, Sb Tools Ltd's recent reports show some interesting trends. Cash bank on hand decreased by 58%, dropping to £8,300, while bank borrowings increased by 38%, reaching £28,999. Creditors also rose significantly, up 67% to £84,000. On the positive side, current assets increased by 92%, reaching £180,000, and net assets grew by 54% to £50,000. Although the company meets the criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees, the increase in borrowings and the rise in creditors suggest it may be relying more on credit to finance its operations. The decrease in cash reserves is also a point to watch. The company's unaudited accounts, as a small company, rely on director-reported data.

It's worth noting that the company’s liabilities have increased, which could be a result of business expansion or increased stock levels. The directors, Megan Biggs and Stephen Biggs, are likely working hard to manage these changes.

Registered in England/Wales under the registration number 12186600, with a registered address at DT4 9TH, United Kingdom, Weymouth, Dorset, 14a Albany Road.

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