Tuf Tools Limited

Tuf Tools Ltd from Burnley UK: a small, active company established 31 years ago, employs just two people, and holds £99,951 in assets. It’s a family business with three directors and three owners, operating from a real address. The company regularly imports machinery, boilers, and mechanical appliances—parts, with 7 months of import activity—and exports similar items, having done so for 18 months.

Tuf Tools' website reveals a focus on industrial cutting and rescue equipment. With over 30 years of experience, they supply tools to sectors like nuclear, oil, rescue, and industrial cutting, offering a range of band saws, reciprocating saws, circular saws, hydraulic cutters, and pneumatic tools. They even offer balancing units to alleviate tool weight for operators. The website showcases a comprehensive inventory, from electric nibblers to pneumatic hole punches, catering to diverse industrial needs.

Financially, Tuf Tools Ltd presents a mixed picture. Cash bank holdings increased by a respectable 19% to £75,000, and current assets rose 12% to £100,000. However, net assets saw a dramatic surge, jumping 1500% to £19,000—a significant turnaround. Trade debtors increased by 48%, suggesting potentially delayed customer payments, while creditors decreased by 8.5%. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the substantial increase in net assets warrants further investigation. The company’s accounts are unaudited, as is typical for small entities, and no auditor is mentioned.

Overall, Tuf Tools Ltd appears to be navigating a period of change, with positive trends in cash flow and asset management offset by a notable shift in equity. The company’s long-standing experience and diverse product range suggest a solid foundation, but continued monitoring of its financial performance is advisable.

Registered in England/Wales under the registration number 02832636, with a registered address at BB12 7PJ, Burnley, Lancashire, 7 Singleton Avenue, Read.

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