Welwyn Tool Group Limited
- Active
- Small
- 20 years
- 18 employees
- £975,364 (cur assets)
- Regular importer
- Regular exporter
- Real address
- 5 directors
- No owners
- Welwyn Garden City
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Welwyn Tool Group Limited is a small, active company based in Welwyn Garden City, UK, founded nineteen years ago in 2005. It employs seventeen people and holds £989,271 in assets. The company operates from a real address and is overseen by five directors, although no owners are officially listed. It’s a regular importer and exporter of electrical machinery and equipment, with 557 months of import activity and 18 months of export activity recorded, the latest being February 2025 and October 5 2024 respectively. The company operates in the wholesale of machine tools industries.
The company’s website is non-existent, making it impossible to determine if it has an e-commerce presence.
Financially, Welwyn Tool Group Limited presents a mixed picture. Current assets have decreased by 24% to £990,000, while net assets have fallen by a significant 41% to £320,000. Bank borrowings have dramatically decreased by 85%, reaching just £6,100, and cash reserves have fallen 46% to £270,000. Creditors have also decreased by 13%, suggesting improved debt management. Trade debtors have fallen by 14%, which is good. However, the decrease in equity is a concern. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the drop in equity warrants closer scrutiny. With no auditor mentioned, the financial statements are unaudited.
The company’s decrease in current assets and net assets is concerning, but the decrease in bank borrowings is a positive sign. The decrease in equity suggests the company may be burning through money, though it’s also possible that it’s reinvesting in the business. The lack of owners is also a bit unusual, but it’s possible that the directors are also the owners.
Registered in England/Wales under the registration number 05515557, with a registered address at AL7 1EW, Welwyn Garden City, Hertfordshire, 2 Little Mundells.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Managers
-
Individual
- 20 years
-
Resident of United Kingdom
-
Individual
- 20 years
-
Resident of United Kingdom
-
Individual
- 20 years
-
Resident of United Kingdom
-
Individual
- 20 years
-
Resident of United Kingdom
-
Individual
- 20 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
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Total exemption full accounts made up to 2025-03-31Download 9 pages pdf report
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Confirmation statement made on 2025-09-16 with updatesDownload 6 pages pdf report
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Second filing of Confirmation Statement dated 2025-04-04Download 4 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Welwyn Tool Group Limited
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