Strongman Tools Limited

Strongman Tools Ltd from Leamington Spa UK: small company, active status, founded 27 years ago, 14 employees, £677,827 assets, virtual address, 2 directors, 2 owners, family business, google rating 4.0 based on 28 reviews. Regular importer of machinery, boilers, and mechanical appliances; parts (22 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Strongman Tools Ltd specializes in car storage lifts, offering a wide range of ramps designed for parking, workshops, and basement spaces. The company’s website highlights its expertise in providing floor-to-floor access solutions and custom car storage systems for both commercial and private customers. They work with developers, business owners, and architects, emphasizing collaboration and customer service. The company has built an enviable reputation for high customer satisfaction ratings and prides itself on its longevity, having been in business since 1998. Their website showcases recent projects, including installations at Hilton and Moss Car Storage Facility and a new car storage facility in Hertfordshire. They even have a section for testimonials, with clients praising their service and product quality.

Financially, Strongman Tools Ltd presents a mixed picture. While current assets increased by 39% to £680,000, net assets also rose by 6.1% to £110,000. However, bank borrowings surged by 77% to £66,000, and cash reserves jumped 80% to £180,000. Creditors also increased by 44% to £600,000. The company’s inventory increased by a substantial 69% to £290,000, suggesting increased stock levels or higher demand. Trade debtors decreased by 5.8% to £200,000, which could indicate improved collection efficiency. The company's small size helps it stay agile, but the increase in bank borrowings and creditors raises questions about its financial leverage. With no auditor mentioned, the figures rely on unaudited statements. It seems like they are doing well, but they need to keep an eye on their debt.

Registered in England/Wales under the registration number 03531556, with a registered address at CV32 4EA, Leamington Spa, Warwickshire, Fulford House, Newbold Terrace.

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