Tockfield Limited

Tockfield Limited, based in Alfreton, UK, is a small, active company with a long history, having been founded 43 years ago in 1982. Employing 18 people, the business holds £269,961 in assets and operates from a real address, managed by two directors and two owners. It has a stellar 5.0 Google rating based on 12 reviews, and is an irregular importer of machinery, boilers, and mechanical appliances; parts, with the last import operation made in June 2024. The company’s core business involves vehicle upholstery, operating in the broader “other manufacturing n.e.c.” industries.

While the company’s website isn’t available to analyse, its operations suggest a focus on traditional craftsmanship and bespoke services. It's likely a B2B business, supplying parts or services to larger companies rather than directly to consumers.

Financially, Tockfield Limited presents a mixed picture. Current assets have decreased by 42% to £270,000, while net assets remain steady at £210,000. Cash bank on hand has fallen significantly by 56% to £110,000, which could indicate increased investment in inventory or equipment. Trade debtors have also decreased by 33%, suggesting improved collection of payments. However, creditors have fallen by 43%, which is a positive sign. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in cash reserves warrants attention. With no auditor mentioned, the financial statements are unaudited.

Overall, Tockfield Limited appears to be navigating a period of change. While its long-standing reputation and high Google rating suggest a stable business, the financial trends indicate a need for careful management. The company's ability to maintain its skilled workforce and adapt to changing market conditions will be key to its future success.

Registered in England/Wales under the registration number 01633898, with a registered address at DE55 6AT, Alfreton, Derbyshire, Pit Lane, Shirland.

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