Search Workshop Supplies Ltd

Search Workshop Supplies Ltd, based in Londonderry, Northern Ireland, is a small, active company founded eight years ago in 2016. With 18 employees and £2,373,729 in assets, it operates from a real address at the Altnagelvin Industrial Estate. The company, which has four directors but no listed owners, runs an e-commerce site and enjoys a perfect 5.0 Google rating from four reviews. It regularly imports machinery, boilers, and mechanical appliances parts, with the last import operation recorded in March 2025.

The company’s website showcases a wide range of workshop supplies, catering to both commercial vehicle and car/van equipment needs. It offers everything from abrasives and fasteners to tools and car care products. The site's layout is quite busy, but it’s clear the company is focused on providing a comprehensive selection of products and offering competitive pricing. It also has a ‘featured products’ section highlighting items like toolboxes and air hose reels.

Financially, Search Workshop Supplies Ltd appears to be holding its own. Current assets increased by 11% to £2,400,000, while net assets grew by 31% to £1,600,000. Bank borrowings decreased by 30% to £63,000, and cash reserves increased by 36% to £610,000. Creditors decreased by 38% to £250,000, suggesting improved debt management. The company meets the criteria for being a small company, with turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. Deferred tax expense credit increased by a whopping 1800% to £43,000, which is a bit unusual and warrants further investigation. The company’s unaudited financial statements are prepared in compliance with FRS 102.

Overall, Search Workshop Supplies Ltd seems to be a financially stable and well-regarded supplier of workshop equipment. The increase in deferred tax expense is a detail that could be looked into, but otherwise, the company appears to be performing well in a competitive market.

Registered in Northern Ireland under the registration number NI641839, with a registered address at BT47 2ED, United Kingdom, Londonderry, Altnagelvin Industrial Estate, Trench Road.

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