Wjdtools Limited

Wjdtools Limited is a small, active company based in Sutton-In-Ashfield, UK, founded five years ago. With just one employee and £10,356 in assets, it's a solo-founder operation led by a single director and owner. The company operates an e-commerce site with a stellar 5.0 Google rating from 16 reviews, selling tools and accessories.

The website, WJDtools, positions itself as a trusted source for mechanics tools, offering a wide range of products from brands like ASTA and SATRA. It caters to both professionals and home enthusiasts, with a focus on competitive pricing, fast delivery, and expert advice. The site also highlights a commitment to quality and British craftsmanship, emphasizing its role as an official UK distributor.

Financially, Wjdtools Limited presents a mixed picture. Current assets have fallen significantly by 59% to £10,000, and net assets have plunged by a staggering 23,000% to -£23,000. Bank borrowings have increased dramatically, reaching £29,000, while cash reserves have dwindled to £4,800. Creditors have also risen considerably, suggesting a need to manage debts. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is typical for small companies.

While the e-commerce site appears to be thriving, the financial data suggests a company facing challenges. The sharp decline in equity and the reliance on increased borrowing could indicate a period of rapid growth or unexpected expenses. It’s possible the company is reinvesting heavily in its business, but the figures warrant close monitoring.

Registered in England/Wales under the registration number 12045460, with a registered address at NG17 5LD, England, Sutton-In-Ashfield, Unit 18 Hamilton Road.

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