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Direct Tool Company Limited

06728232

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

CASTLEHILL BUSINESS PARK FLEXFORD ROAD, SOUTHAMPTON, SO52 9DF
Incorporated 20/10/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46620
Wholesale of machine tools

Officers

Mr Luke Wakeford

director · Since 20/10/2008

BUSINESS PARTNER

BRITISH · UNITED KINGDOM · Age 40

Also on 2 other boards

Mr Rick Wakeford

director · Since 20/10/2008

BUSINESS PARTNER

BRITISH · UNITED KINGDOM · Age 38

Also on 2 other boards

Mr Timothy Wakeford

director · Since 20/10/2008

BUSINESS PARTNER

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Persons with Significant Control

Flexford Holdings Limited

75–100% shares

Castlehill Business Park, Flexford Road, Southampton, SO52 9DF

Reg: 11177576 · Companies House · Limited

Notified 30/01/2018

The Direct Tool Trust

75–100% votes

Castlehill Business Park, Flexford Road, Southampton, SO52 9DF

Reg: 00000000 · Register Of Companies · Trust

Notified 21/09/2023

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/01/2009Registered 31/01/2009Satisfied 08/01/2026

CompanyRankvs 23+ SIC 46620 peers
88

Financial strength93th percentile among SIC peers · 23/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.83× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 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.

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

Key FinancialsYear ending 31/12/2023

Net Worth

£1.3M

Balance sheet strength

Cash

£2.5M

Cash in the bank

Net Current Assets

£5.7M

Working capital

Current Assets

£8.9M

Current Liabilities

£3.1M

Fixed Assets

£397k

Debtors

£3.3M

48avg. employees+3

Balance Sheet

Assets less current liabilities£6.1M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20232.83+£908k
20221.61+£49k
20213.17+£0
20213.07

Derived from filed accounts. Not audited figures.