Tooling International Limited
01995562
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Prof. Dr. Reinhold Wurth
German,Austrian · Germany · Age 91
Hermersberg 19,, 74676 Niedernhall
Notified 27/04/2022
Former PSCs
Wurth Holdings Uk Limited
Ceased 27/04/2022
Charges2 outstanding
DAVID JOHN SPECKLEY · PETER JOSEPH MOORE · ROBINSON GEAR (MANAGEMENT SERVICES)LIMITEDAS TRUSTEES OF THE TOOLING INTERNATIONAL EXECUTIVE PE
BARCLAYS BANK PLC
NATIONAL WESTMINSTER BANK PLC
LAWRENCE ALAN JEBSON
CompanyRankvs 107+ SIC 25940 peers50
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 going concern are d
Key FinancialsYear ending 31/12/2021
Turnover
£2.6M
Annual revenue
Net Worth
£793k
Balance sheet strength
Cash
£903k
Cash in the bank
Profit Before Tax
£237k
Bottom line earnings
Net Current Assets
-£713k
Working capital
Current Assets
£1.6M
Current Liabilities
£2.3M
Fixed Assets
£1.6M
Debtors
£238k
Cost of Sales
£1.5M
Gross Profit
£1.2M
Admin Expenses
£935k
Operating Profit
£243k
Profit After Tax
£200k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2021 | 0.69 | +£200k |
| 2020 | 1.25 | — |
Derived from filed accounts. Not audited figures.