Shocks Tools Ltd
- Small
- Active
- 2 years
- 1 employee
- Real address
- 2 directors
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Shocks Tools Ltd is a small, active company based in Manchester, UK, founded two years ago. It’s a solo-founder operation with two directors and one employee, operating from a real address. The company’s primary focus is retail sale via mail order houses or via the internet.
The website, Protech Shocks, showcases a wide range of performance suspension systems and related products, catering to a diverse range of vehicles, from BMWs to Yamahas. It’s clear the business is heavily geared towards e-commerce, with detailed product listings, vehicle compatibility guides, and a “Build a Shock” tool allowing customers to customize their suspension systems. The site also features a “Find Your Car” and “Find Your Bike” section, highlighting the breadth of vehicles supported.
Financially, Shocks Tools Ltd is showing some concerning trends. Cash bank on hand has fallen by a significant 54%, dropping to just £2,500. Net assets and liabilities have both plummeted by 2200%, ending at -£3,600. While creditors within one year have increased by 10% to £6,100, suggesting some growth in trade, the substantial equity decline is a red flag. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s exempt from an audit, and the figures are unaudited.
The business is clearly burning through cash, and while the website suggests a specialized, high-value product offering, the financial data paints a picture of a company struggling to maintain its financial health. It's possible the company is reinvesting heavily in inventory or marketing, but the lack of positive cash flow is something to watch closely.
Registered in England/Wales under the registration number 14144519, with a registered address at M12 6BT, United Kingdom, Manchester, Lancashire, Horizon House, Storage Unit 1 21-23 Harkness Street, Ardwick.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Ullah Zaffar
- 2 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Ullah Zaffar
- 2 years
-
Resident of United Kingdom
-
Individual
- Ullah Zaffar
- 2 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-05-31Download 4 pages pdf report
-
Confirmation statement made on 2024-05-30 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-05-31Download 4 pages pdf report
FAQ about Shocks Tools Ltd
Looking for leads in the UK?
Try our FREE App—access UK datasets with limited features!