Wealden Tool Company Limited

Wealden Tool Company Limited from Staplehurst, UK, is a small, active family business established 22 years ago. With eight employees and £1,195,631 in assets, the company operates from a real address and is led by three directors and two owners. Boasting a perfect 5.0 Google rating based on 24 reviews, it’s a well-regarded operation founded by a solo entrepreneur. The company regularly imports basic metal tools and utensils, with 73 months of import activity recorded.

The company’s website showcases a wide range of woodworking tools and accessories, catering to both professional woodworkers and hobbyists. It's a comprehensive online store, offering everything from hand tools and power tools to router cutters, sawblades, and spindle tooling. The site also features a section on CNC tooling, highlighting its expertise in computer-controlled machining. While the website is primarily an e-commerce platform, it also provides technical information, routing hints, and a catalog of products—demonstrating a commitment to customer support.

Financially, Wealden Tool Company Limited appears to be in a stable position, although some trends are noticeable. Cash bank on hand increased by a substantial 48%, reaching £79,000, while current assets grew by 5.6% to £1,200,000. Creditors decreased by 16%, suggesting improved debt management. However, trade debtors increased by 28%, which might indicate a shift in payment terms or a period of increased sales. Equity also grew by 8.4% to £1,100,000, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain agile and responsive to market changes. As a small company, it is exempt from an audit, so the financial statements are unaudited.

Overall, Wealden Tool Company Limited seems to be a well-managed, thriving business. The company’s focus on quality products, excellent customer service, and a comprehensive online presence positions it well for continued success in the woodworking tools market. The increase in debtors should be monitored, but otherwise, the financial picture looks encouraging.

Registered in England/Wales under the registration number 04697332, with a registered address at TN12 0QF, Staplehurst, Kent, 2 Clinton Business Centre, Lodge Road.

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