Toomers Limited

Toomers Quality Steel Fabricators and Welding Ltd, based in Salisbury, UK, is a sizable, active company established 24 years ago. With 66 employees and £3,286,997 in assets, the company generates £11,470,307 in revenue annually. It operates from two production facilities across Wiltshire, with a virtual address registered. Six directors and one owner oversee operations, with Yardgate Ltd owning the company. The company is a irregular importer, with its top import category being Basic metal tools and utensils, totaling 2 months of imports. The last import operation was conducted on June 01, 2023.

Toomers specializes in steel fabrication and welding, offering a wide range of services including tube lasering, material processing, surface finishing, and robotic welding. They cater to various sectors of industry, undertaking all aspects of fabrication and welding. The company boasts over 60,000 sq. ft of steel processing and fabrication capability, with a team of over 70 members and 40 qualified welders. They even have a showroom in Harrods, London.

Financially, Toomers presents a mixed picture. While turnover remained steady, net assets decreased by 10%, and cash reserves fell by 17% to £430,000. Bank borrowings, however, decreased by 41%, suggesting improved debt management. Creditors increased by 18%, which could indicate increased supplier costs or extended payment terms. The company’s size (meeting two of three criteria for a large company) allows it to handle large-scale projects, but the decrease in cash reserves warrants attention. The company’s auditor is Schofields, but the financial statements are unaudited.

Overall, Toomers appears to be a stable, established player in the steel fabrication industry, but the recent financial trends suggest a need for careful monitoring and strategic adjustments.

Registered in England/Wales under the registration number 04005968, with a registered address at BH2 6LA, United Kingdom, Bournemouth, Dorset, Unit 1, St Stephens Court, 15 - 17 St Stephens Road.

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