Templeton Tools & Machinery Limited

Templeton Tools & Machinery Ltd, based in Hamilton, Lanarkshire, UK, is a small, active company with a 43-year history. Established in 1982, the business employs eight people and holds £529,086 in assets. It’s a family-run operation with three directors and two owners, operating from a real address on the Parkburn Industrial Estate. The company regularly imports and exports iron or steel products, with 15 months of import activity and 12 months of export activity recorded as of December 2024.

The company’s website, The7.co.uk, lists Templeton Tools & Machinery Ltd as a supplier of engineering products and services. It features a searchable database of cities across the UK, allowing customers to find local suppliers. The website also mentions related companies, including Templeton Robinson, Templeton Tree Surgeons, and Templetons Cleaning Services Ltd. The site’s primary function seems to be a directory, connecting customers with engineering supply companies—not an e-commerce platform itself.

Financially, Templeton Tools & Machinery Ltd shows some concerning trends. While cash reserves increased by 35% to £320,000, net assets only grew by 26% to £290,000. Creditors increased by 14% to £310,000, and bank borrowings surged, indicating a need for more working capital. 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 likely exempt from an audit, so the figures are unaudited. There’s a decrease in average employees, down 25% to six people, which could be a result of restructuring. The company’s accrued liabilities increased significantly, up 97% to £160,000. It's not clear if this is a one-off event or a sign of ongoing financial pressures. The company's trade debtors remained relatively stable, however, the company's trade creditors decreased by 49%, which could be a positive sign.

Registered in Scotland under the registration number SC077414, with a registered address at ML3 0QQ, Scotland, Hamilton, Unit 7 Parkburn Industrial Estate.

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