Terrier Tools Limited

Terrier Tools Ltd from Wrexham UK is a small, active company founded 39 years ago. With 12 employees and £945,157 in assets, it operates from a real address and is managed by two directors and owners. The company runs an e-commerce site and regularly imports basic metal tools and utensils (10 months), although export activity is irregular (1 month).

The company’s website, terriertools.co.uk, is the online arm of a retail outlet that’s been trading for 33 years. It offers over 45,000 products from leading brands like Makita, Milwaukee, and Stihl, providing next-day delivery and trade account options. The site highlights a “PowerStack Launch Event” and offers a range of services, including repairs, spares, and a service. It’s clear that the company is trying to appeal to both individual customers and trade clients.

Financially, Terrier Tools Ltd presents a mixed picture. While current assets increased by 17% to £950,000, net assets decreased by 2.4% to £420,000. Bank borrowings have increased significantly, rising by 210% to £170,000, and cash reserves have only increased slightly, by 2.4% to £11,000. Creditors also increased by 28% to £720,000. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is typical for small companies.

Overall, Terrier Tools Ltd appears to be a stable, long-standing business, but the increase in bank borrowings suggests it may be investing in growth or facing some financial pressure. The company’s focus on leading brands and online sales positions it well in the competitive tools market, but continued monitoring of its financial performance will be important.

Registered in England/Wales under the registration number 01979172, with a registered address at LL13 9XS, Wales, Wrexham, Unit 5 The Apex Centre Clywedog Road South, Wrexham Industrial Estate.

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