Toolden Limited

Toolden Ltd from Ellon UK: large company, active status, founded 11 years ago, 46 employees, £6,863,803 assets, real address, 2 directors, 2 owners, e-commerce site, google rating 3.0 based on 146 reviews. Regular importer of basic metal tools and utensils (100 months imported). Regular exporter of machinery, boilers, and mechanical appliances; parts (76 months exported). Toolden is a sizeable player in the UK’s power tool and hand tool market, operating as a large company meeting two of three criteria: turnover exceeding £36 million, a balance sheet total over £18 million, and employing more than 250 people. It’s been active for eleven years, established in 2013, and boasts a real address in Ellon, with two directors and two owners at the helm. The company’s e-commerce site serves as its primary sales channel, and while it has a 3.0 Google rating from 146 reviews, there’s definitely room for improvement.

Toolden’s business model revolves around importing basic metal tools and utensils—a consistent activity spanning 100 months—and exporting machinery, boilers, and mechanical appliances, with 76 months of export activity recorded. The website showcases a wide array of power tools, hand tools, and accessories, catering to both trade and domestic customers. It’s clear that Toolden is a one-stop shop for anyone needing equipment for construction, maintenance, or DIY projects.

However, a closer look at the financial data reveals a mixed picture. While assets remain substantial at £6,863,803, there's been a noticeable decrease in cash reserves. Bank borrowings have also increased, suggesting a reliance on external financing. The company's administrative expenses have risen by a significant 10%, which could be attributed to increased marketing efforts or operational costs. Interestingly, the number of employees has increased slightly to 49, which could be a positive sign of growth.

Despite these challenges, Toolden seems to be navigating the market effectively. The company's focus on online sales and its broad product range position it well to capitalize on the ongoing demand for power tools and accessories. The auditor, Johnston Carmichael LLP, has given the financial statements a clean bill of health, indicating that the company is in compliance with accounting standards. Overall, Toolden Ltd appears to be a resilient and adaptable business, poised to continue its growth trajectory in the years to come.

Registered in Scotland under the registration number SC453454, with a registered address at AB41 8NW, Ellon, 1 Esslemont Estate.

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