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Toolstream Limited

04281144

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

C/O TENEO FINANCIAL ADVISORY LIMITED THE COLMORE BUILDING, BIRMINGHAM, B4 6AT
Incorporated 04/09/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46690
Wholesale of other machinery and equipment

Officers

Mr Darrell John Morris

director · Since 01/05/2006

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 15 other boards

Mr Simon Paul Bird

director · Since 01/07/2019

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Mr John Geraint Meaden

director · Since 06/05/2025

DIRECTOR

ENGLISH · ENGLAND · Age 53

Also on 21 other boards

Persons with Significant Control

Group Silverline Limited

75–100% shares
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-firm

Boundary Way, Lufton Trading Estate, Lufton, Yeovil, BA22 8HZ

Notified 06/04/2016

Former PSCs

Mr James Goddard-Watts

Ceased 06/04/2016

Charges8 outstanding

Charge
outstanding

KEY WEST (HOLDINGS) LIMITED AS SECURITY AGENT

Created 28/03/2025Registered 01/04/2025
Charge
outstanding

HSBC UK BANK PLC

Created 27/11/2023Registered 28/11/2023
charge
outstanding

HSBC BANK PLC

Created 21/09/2010Registered 23/09/2010
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 17/09/2010Registered 21/09/2010
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD (THE SECURITY HOLDER)

Created 17/09/2010Registered 21/09/2010
charge
outstanding

HSBC BANK PLC

Created 07/09/2010Registered 09/09/2010
charge
outstanding

HSBC BANK PLC

Created 07/09/2010Registered 09/09/2010
charge
outstanding

HSBC BANK PLC

Created 27/08/2010Registered 01/09/2010
charge
satisfied

LOMBARD TECHNOLOGY SERVICES LIMITED

Created 04/11/2009Registered 07/11/2009Satisfied 01/08/2013
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 22/09/2009Registered 01/10/2009Satisfied 01/08/2013
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 28/09/2006Registered 30/09/2006Satisfied 12/08/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 24/09/2002Registered 04/10/2002Satisfied 01/08/2013

CompanyRankvs 15+ SIC 46690 peers
16

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.96× · 6/20
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 strength0/25 pts

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

Employees0/15 pts

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

Liquidity6/20 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

applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; - assess the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern; and - use the going concern basis of accounting unless they either intend to liquidate the company or to cease operations, or

Key FinancialsYear ending 31/07/2023

Turnover

£57.8M

Annual revenue

Net Worth

£755k

Balance sheet strength

Cash

£1k

Cash in the bank

Profit Before Tax

-£12.9M

Bottom line earnings

Net Current Assets

-£1.8M

Working capital

Current Assets

£45.4M

Current Liabilities

£47.2M

Fixed Assets

£2.7M

Debtors

£27.6M

Cost of Sales

£46.5M

Gross Profit

£11.3M

Admin Expenses

£18.7M

Operating Profit

-£10.9M

Profit After Tax

-£9.6M

251avg. employees

Tax at Year End

Corp tax£2k

People Costs

Wages & salaries£8.3M
NI contributions£797k

Balance Sheet

Intangible assets£1.8M
Bank loans & overdrafts£15.5M
Assets less current liabilities£949k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20230.96

Derived from filed accounts. Not audited figures.