Toolstop Limited
- Medium
- Holding
- Active
- 49 years
- 66 employees
- £7,293,791 (assets)
- £21,933,476 (revenue)
- Real address
- 3 directors
- 1 owner
- Regular importer
- Regular exporter
- E-commerce
- Rating 4.0 (138)
Two conditions of three:
1.Turnover < £36 million
2.Balance sheet total < £18 million
3.Average number of employees < 250
Field of Operation
Website
Phones
Summary
Toolstop Power Tools, based in Bellshill, UK, is a medium-sized holding company with a long history, having been founded 49 years ago in 1975. The company, currently employing 66 people, boasts assets of £7,293,791 and annual revenue of £21,933,476. It’s a real address, with three directors and one owner overseeing operations. Google users rate it 4.0 stars based on 138 reviews. Toolstop is a regular importer of basic metal tools and utensils (111 months) and a regular exporter of machinery, boilers, and mechanical appliances (259 months).
The company operates as a wholesaler and retailer of power tools, hand tools, and associated equipment. Its website showcases a wide range of products from leading brands like DeWALT, Makita, and Milwaukee, catering to both trade professionals and DIY enthusiasts. The site is clearly designed for e-commerce, with detailed product descriptions, secure payment options, and a user-friendly interface. It’s a full-fledged online store, offering everything from power tools and garden equipment to workwear and safety gear.
Financially, Toolstop shows some concerning trends. While revenue remains strong, the company’s net assets have fallen significantly. Creditors have increased substantially, suggesting a greater reliance on borrowing. Cash reserves have also decreased, and bank borrowings have risen. While the company’s size (meeting two of three conditions for a medium company) allows for flexibility, these trends raise questions about its financial health. The auditors, Nelson Gilmour Smith, haven’t reported any issues, but the unaudited figures warrant closer scrutiny. It’s a solid business with a good reputation, but the financial picture suggests it's burning through money like a startup.
Registered in Scotland under the registration number SC058605, with a registered address at ML4 3NP, Scotland, Bellshill, Unit 10/11, Block 22, 22 Belgrave Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 9 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 10 years
- 1
-
Resident of United Kingdom
-
Individual
- 10 years
-
Resident of United Kingdom
-
Individual
- 25 years
- 5
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Registered office address changed from Unit 2 Ashley Drive Bothwell Glasgow G71 8BS Scotland to Unit 10/11, Block 22, 22 Belgrave Street Bellshill ML4 3NP on 2025-04-23Download 1 page pdf report
-
Registered office address changed from 2 Ashley Drive Bothwell Industrial Estate Uddingston Glasgow G71 8BS to Unit 2 Ashley Drive Bothwell Glasgow G71 8BS on 2024-12-20Download 1 page pdf report
-
Confirmation statement made on 2024-10-22 with updatesDownload 4 pages pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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FAQ about Toolstop Limited
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