Power Tools Trade Ltd
- Active
- Small
- 8 years
- 2 employees
- £78,142 (cur assets)
- 0-1m
- Regular importer
- Real address
- 1 director
- 1 owner
- Solo founder
- London
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Power Tools Trade Ltd, based in London UK, is a small, active company founded seven years ago. With just two employees and £37,143 in assets, it operates as a solo-founder venture, managed by a single director and owner. The company runs an e-commerce site and regularly imports machinery, boilers, and mechanical appliances, with parts imported for 29 months, the latest activity recorded in February 7th 2025. It operates within the "other service activities n.e.c." industries.
The website, Power Tools UK, showcases a wide range of power tools and accessories, from cordless drills to angle grinders, catering to both professionals and DIY enthusiasts. The site offers various brands like Makita, Dewalt, and Milwaukee, and includes sections for cordless tools, power tools, and accessories. It also has a rewards shop and warehouse deals. The website is well-organized and easy to navigate, with clear product descriptions and images.
Financially, Power Tools Trade Ltd presents a mixed picture. Cash bank on hand has significantly decreased, dropping 38% to -£53,000, a substantial loss. Bank borrowings have also fallen by 26%, reaching £17,000, and creditors have decreased by 26% to £17,000. However, current assets have seen a dramatic increase, jumping 1800% to £37,000. Equity has also decreased by 12%, reaching -£23,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the significant losses and reliance on loans suggest a challenging financial situation. The accounts are unaudited, and no auditor is mentioned, which is common for small companies. Despite the financial pressures, the e-commerce site appears active and well-stocked, indicating a focus on maintaining sales and customer service.
Registered in England/Wales under the registration number 11218391, with a registered address at E10 5QD, United Kingdom, London, 15 Trelawn Road.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 8 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 8 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Confirmation statement made on 2025-12-08 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2025-02-28Download 7 pages pdf report
-
Confirmation statement made on 2024-12-08 with updatesDownload 4 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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