The Tool Connection Limited

The Tool Connection Ltd from Walsall UK: holding company, holding company, active status, founded 39 years ago, 133 employees, £25,681,136 assets, virtual address, 4 directors, 2 owners, solo founder, google rating 4.0 based on 26 reviews. Regular importer of basic metal tools and utensils (1495 months imported). Regular exporter of basic metal tools and utensils (429 months exported). The Tool Connection Ltd operates as a holding company, overseeing a diverse range of businesses within the automotive and industrial sectors. Established nearly four decades ago, the company employs a substantial workforce of 133 people and boasts assets totaling £25,681,136. Despite its size, the registered address is a virtual one, shared by a surprising number of companies—246, in fact—which raises some questions about its physical presence.

The company’s core business revolves around the wholesale distribution of tools and equipment, primarily catering to the automotive industry. Its website details a broad product range, available through various outlets including automotive wholesale outlets, motor factors, and independent retailers. They’re known for brands acclaimed for quality and value, backed by technical service. The Tool Connection Ltd isn't just a distributor; it’s also involved in manufacturing and engineering works, with a subsidiary, Laser Tools Racing Limited, indicating a presence in the motorsport sector.

Financially, The Tool Connection Ltd appears to be in a stable position, although some trends are worth noting. Current assets have increased by a respectable 12%, reaching £26 million, while net assets have also risen, indicating growth. However, bank borrowings have decreased by 14%, suggesting a move towards reduced debt. Interestingly, deferred income has also increased, which could indicate a shift in payment terms with customers. The company’s audit was conducted by DKR Audit Services Ltd.

The company’s import and export activities are significant, with a long history of bringing in basic metal tools and utensils, and distributing them across the UK. The last import operation was made on January 01, 2025, and the last export operation took place on the same date. The company’s focus on the automotive sector, combined with its established brand reputation and wide distribution network, suggests a solid foundation for continued success. While the virtual address is a slight concern, the company’s financial performance and operational activities indicate a well-managed and thriving business.

Registered in England/Wales under the registration number 01968900, with a registered address at WS1 1TJ, England, Walsall, 36 Lichfield Street.

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