Toolcast Ltd

Toolcast Ltd is a small, active company based in Cardiff, UK, established twelve years ago in December 2012. With just two employees and £670,972 in assets, it operates as a family business with three directors and two owners. The company has a real registered address, though it's likely a virtual one as twenty-two companies share the same location. It’s a regular importer, specializing in machinery, boilers, and mechanical appliances, with eight months of import activity recorded, the last in August 2023. The company’s core business involves the manufacture of other electrical equipment.

The company’s website is minimal, providing little insight beyond its basic contact information and a listing on Companies House. It doesn’s appear to be actively engaged in e-commerce.

Financially, Toolcast Ltd presents a mixed picture. Current assets have decreased by 13% to £670,000, while bank cash has fallen by a more significant 13% to £540,000. Creditors have dramatically reduced by 70% to £66,000, which is a positive sign. However, trade debtors have also decreased slightly by 2.4%. Equity has increased by 8.9% to £520,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The increase in equity suggests retained earnings are building up, but the decrease in cash reserves should be monitored. No auditor is mentioned, likely due to the company’s exemption as a small entity. The financial statements are unaudited.

Registered in England/Wales under the registration number 08318154, with a registered address at CF23 8RS, Cardiff, Elfed House Oak Tree Court, Cardiff Gate Business Park.

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