Stour Precision Tools Limited

Stour Precision Tools Limited, based in Droitwich, UK, is a well-established small company with an active status, having been founded 59 years ago in 1966. Employing 17 people and boasting assets of £1,198,268, it’s a family-led organisation with a strong reputation, evidenced by its perfect 5.0 Google rating from four reviews. The company operates from a real address and is managed by a single director and owner, Chaplin Clive John. It regularly imports machinery, boilers, and mechanical appliances, with 29 months of import activity recorded, the last in December 2024.

The company specialises in the design, manufacture, and assembly of engineering applications, including holding fixtures, positioners, and end-of-arm tooling. Its website highlights a 56-year history and an in-house engineering facility equipped with the latest machinery. It caters to both full turnkey solutions and subcontracted CNC machining services, emphasizing bespoke tooling solutions crafted and delivered in-house. The website also mentions a commitment to ISO90012015 accreditation, essential for working with UK and global manufacturers.

Financially, Stour Precision Tools Limited shows some concerning trends. While current assets increased by 54% to £1,200,000, cash reserves plummeted 46% to £110,000. Trade debtors ballooned by 110% to £1,100,000, suggesting a reliance on customer payments, and creditors increased by a significant 140% to £710,000. Equity, however, grew by 12% to £760,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the cash drop and creditor surge raise questions about its short-term financial health. No auditor is mentioned, likely due to its small size and exemption from audit.

In short, Stour Precision Tools Limited appears to be a well-regarded engineering firm, but its financial data suggests it's facing some pressures. The company’s ability to maintain its reputation and continue delivering bespoke tooling solutions will depend on managing these financial challenges effectively.

Registered in England/Wales under the registration number 00876483, with a registered address at WR9 0NX, England, Droitwich, Worcestershire, Unit 9 Wassage Way, Hampton Lovett Industrial Estate.

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