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F.P. (Tools) Limited

00650649

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

WARWICK HOUSE, TYSELEY, B11 3PX
Incorporated 26/02/1960

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46620
Wholesale of machine tools

Officers

Simon Nicholas Dale

director · Since 14/03/2007

SALES

BRITISH · UNITED KINGDOM · Age 63

Also on 2 other boards

Mr Jeremy Steven Dale

director · Since 31/01/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 5 other boards

Mr Roger Lawrence Dale

director · Since 31/01/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 2 other boards

Persons with Significant Control

Fp Tools Holdings Limited

75–100% shares
75–100% votes

The Carriage House, Mill Street, Maidstone, ME15 6YE

Reg: 12349514 · Registrar Of Companies · Private Limited Company

Notified 01/02/2020

Former PSCs

Mr Philip Edward Jex Parkin

Ceased 31/01/2020

Mr Richard Frederick Jex Parkin

Ceased 31/01/2020

Charges1 outstanding

Charge
satisfied

BARCLAYS BANK PLC

Created 28/02/2020Registered 03/03/2020Satisfied 25/06/2025
Charge
satisfied

RICHARD PARKIN · PHILIP PARKIN

Created 31/01/2020Registered 05/02/2020Satisfied 25/06/2025
Charge
outstanding

BARCLAYS BANK PLC

Created 30/01/2020Registered 03/02/2020
charge
satisfied

HSBC BANK PLC

Created 29/06/2005Registered 08/07/2005Satisfied 22/05/2019
charge
satisfied

HSBC BANK PLC

Created 29/06/2005Registered 02/07/2005Satisfied 22/05/2019
charge
satisfied

LLOYDS BANK PLC

Created 30/04/1993Registered 05/05/1993Satisfied 26/01/2006
charge
satisfied

LLOYDS BANK PLC

Created 01/09/1975Registered 04/09/1975Satisfied 26/01/2006
charge
satisfied

LLOYDS BANK LTD

Created 23/11/1970Registered 26/11/1970Satisfied 26/01/2006

CompanyRankvs 74+ SIC 46620 peers
61

Financial strength96th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.41× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 30/09/2024

Net Worth

£2.3M

Balance sheet strength

Cash

£155k

Cash in the bank

Profit Before Tax

£1.0M

Bottom line earnings

Net Current Assets

£1.5M

Working capital

Current Assets

£5.1M

Current Liabilities

£3.6M

Fixed Assets

£808k

Debtors

£4.4M

Cost of Sales

£10.7M

Admin Expenses

£2.8M

Profit After Tax

£754k

48avg. employees+2

Tax at Year End

Corp tax£114k
Dividends paid£800k

People Costs

Wages & salaries£1.6M

Balance Sheet

Intangible assets£47k
Bank loans & overdrafts£0
Assets less current liabilities£2.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.41+£22k
20231.42+£27k
20221.74-£453k
20212.13

Derived from filed accounts. Not audited figures.