United Tools Ltd

United Tools Ltd is a small, active company based in Morecambe, UK, established ten years ago in 2015. With two employees and £113,294 in assets, it operates from a real address and is led by one director and owner, Chates William. The company runs an e-commerce site and regularly imports basic metal tools and utensils, with its last import operation occurring in March 2025. It operates in the other retail sale not in stores, stalls or markets industries.

The company's website, while not detailed, confirms its focus on selling tools and related items online. It’s a straightforward e-commerce operation, lacking the extensive product descriptions or blog content seen in more established online retailers.

Financially, United Tools Ltd presents a mixed picture. While cash bank on hand saw a significant increase of 500% to £25,000, current assets also grew by 8.1% to £110,000. However, net assets increased by a substantial 110% to £56,000, and trade creditors decreased by 13% to £30,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The increase in net assets suggests improved profitability, but the reliance on creditors for funding could be a potential risk. No auditor is mentioned, which is likely due to its status as a small company exempt from an audit. The company’s financial statements are unaudited.

Registered in England/Wales under the registration number 09539689, with a registered address at LA4 5TL, England, Morecambe, 220 Lancaster Road.

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