Toolmonkey Limited

Toolmonkey Ltd, based in Leighton Buzzard, UK, is a small, active company that’s been around for 31 years. With 14 employees and £1,856,085 in assets, it’s a well-established player in the workwear market. The company has a real address, is run by two directors and one owner, and operates an e-commerce site with a stellar 5.0 Google rating based on 74 reviews.

The website, Toolmonkey, is a specialist in workwear, offering a wide range of clothing, footwear, and accessories from leading brands like Carhartt, Dewalt, and Scruffs. It caters to tradespeople and industrial workers, offering everything from high-visibility jackets to safety boots. The site’s extensive product listings and helpful blog content highlight its expertise in workwear solutions. It even has a retail outlet in Leighton Buzzard, allowing customers to try on items before buying.

Financially, Toolmonkey Ltd shows a mixed picture. Creditors increased by a significant 54%, reaching £700,000, while trade debtors also rose considerably, suggesting potential challenges in collecting payments. Cash reserves, however, increased by 16%, reaching £340,000, which is a positive sign. Accumulated depreciation on property, plant, and equipment increased, reflecting ongoing investment in the business. Bank borrowings also increased, though not drastically. The company meets the criteria for a small company—with turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned likely means the financials are unaudited, relying on director-reported data.

Overall, Toolmonkey Ltd appears to be a stable, growing business. While the increase in creditors and debtors warrants monitoring, the company’s strong online presence, wide product range, and growing cash reserves suggest it’s well-positioned for continued success. The company is likely facing the usual challenges of a growing business, but its solid foundation and commitment to customer service should help it navigate these hurdles.

Registered in England/Wales under the registration number 02884925, with a registered address at LU7 4GP, Leighton Buzzard, Bedfordshire, Unit 9 Clipstone Brook, Cherrycourt Way Trading Eatate.

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