Tool Focus Ltd.

Tool Focus Ltd is a small, active company based in Romsey, UK, founded eleven years ago in 2014. It's a solo founder operation, with one director and owner, Roy Phillip, at the helm. The company operates from a real address and meets two of the three criteria for being classified as small: turnover under £10.2 million and balance sheet total under £5.1 million, with fewer than 50 employees. It primarily focuses on retail sales via mail order houses or via the internet.

The company's website, however, presents a different story. Access is currently blocked, with a message indicating that the system identifies the user as a robot scanning the site. Due to the high volume of requests from bots, only a limited number are allowed to crawl the website. Interested parties are directed to contact the company via email to request access. This suggests a possible reluctance to share data or a security measure to prevent automated scraping.

Financially, Tool Focus Ltd shows a concerning trend. Cash reserves have fallen by 51%, dropping from £19,000 to £9,600. Creditors have increased significantly by 73%, reaching £36,000, while trade debtors remain constant at £24,000. Equity has also decreased, with retained earnings and accumulated losses dropping to -£2,800. While current assets have increased by 72%, this is offset by the growing liabilities. The company’s accounts are classified as "filleted," meaning they are exempt from a full audit, and prepared with an accountant’s report. This reliance on unaudited data, combined with the declining cash position, suggests the company is burning through money and may need to address its financial situation. The company's accounts are prepared using FRS 102, and the accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.

Registered in England/Wales under the registration number 08837809, with a registered address at SO51 5BP, England, Romsey, 21 Eight Acres.

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