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Industrial Tooling Corporation Limited

02573537

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

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

Details

UNIT 1 KEPLER, TAMWORTH, B79 7XE
Incorporated 14/01/1991

Compliance

Last accounts

31/12/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 13/01/2026

Due 27/01/2027

On track

Industry

28490
28490

Officers

Mr Peter Cosgrove

director · Since 30/11/2022

DIRECTOR

IRISH · IRELAND · Age 63

Also on 6 other boards

Mr John Alan Gibbons

director · Since 30/11/2022

CHIEF FINANCIAL OFFICER

IRISH · IRELAND · Age 43

Also on 5 other boards

Sean Grey

secretary · Since 30/04/2025

Brett Allan Dibkey

director · Since 22/05/2025

CEO, HARVEY PERFORMANCE COMPANY

AMERICAN · UNITED STATES · Age 53

Also on 4 other boards

Sean Gray

director · Since 19/02/2026

IRISH · IRELAND · Age 51

Also on 4 other boards

Persons with Significant Control

Harvey Performance Uk Bidco Limited

75–100% shares
75–100% votes
Appoint directors

3rd Floor, 1 Ashley Road, Altrincham, WA14 2DT

Reg: 15583005 · Companies House · Private Limited Company

Notified 11/05/2026

Former PSCs

Bramwell Investments Limited

Ceased 08/05/2026

Ata Grinding Processes Limited

Ceased 11/05/2026

Charges0 outstanding

Charge
satisfied

ALLIED IRISH BANKS, P.L.C.

Created 30/11/2022Registered 01/12/2022Satisfied 19/07/2024
Charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 24/11/2022Registered 28/11/2022Satisfied 26/03/2024
Charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 15/05/2015Registered 19/05/2015Satisfied 30/11/2022
Charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 15/05/2015Registered 19/05/2015Satisfied 30/11/2022
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 15/09/2008Registered 18/09/2008Satisfied 30/11/2022
charge
satisfied

ROY TALBOT

Created 15/09/2008Registered 17/09/2008Satisfied 02/07/2014
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 11/01/2007Registered 20/01/2007Satisfied 21/11/2022
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 29/02/1996Registered 02/03/1996Satisfied 18/02/2011
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 15/02/1991Registered 21/02/1991Satisfied 30/11/2022

CompanyRankvs 15+ SIC 28490 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.44× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 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

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 co

Key FinancialsYear ending 31/12/2023

Turnover

£11.9M

Annual revenue

Net Worth

£6.6M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Profit Before Tax

£626k

Bottom line earnings

Net Current Assets

£3.8M

Working capital

Current Assets

£6.4M

Current Liabilities

£2.6M

Fixed Assets

£3.4M

Debtors

£2.3M

Cost of Sales

£6.4M

Gross Profit

£5.5M

Admin Expenses

£4.9M

Operating Profit

£664k

Profit After Tax

£471k

62avg. employees-1

Tax at Year End

Corp tax£91k
Dividends paid£222k

People Costs

Wages & salaries£3.4M
NI contributions£386k

Balance Sheet

Assets less current liabilities£7.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20232.44+£471k
20222.30+£250k
20212.21

Derived from filed accounts. Not audited figures.