Toolsmart Limited
06999243
Some Concerns
- Current liabilities exceed current assets (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Paul Mitchell
British · England · Age 71
Unit 11 Fallings Park Industrial Estate, Park Lane, Wolverhampton, WV10 9QA
Notified 06/04/2016
Charges3 outstanding
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 8451+ SIC 47910 peers60
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2025
Net Worth
£117k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£75k
Working capital
Current Assets
£21k
Current Liabilities
£55k
Fixed Assets
£252k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.38 | +£7k |
| 2024 | 0.37 | -£8k |
| 2023 | 0.09 | -£24k |
| 2022 | 0.06 | -£5k |
| 2021 | 0.18 | +£43k |
| 2020 | 0.16 | +£87k |
| 2019 | 0.08 | -£2k |
| 2018 | 0.03 | — |
Derived from filed accounts. Not audited figures.