Industrial Tooling Corporation Limited

Active02573537ManufacturingIncorporated 14 Jan 1991 · Tamworth

The principal activity of the company continued to be that of the manufacture and distribution of round precision cutting tools.

Revenue

£11.9m

No comparable prior period

Profit after tax

£471k

Margin 5.6%

Employees

62

— vs prior ~12m period

Net assets

£6.6m

Total assets £9.8m

Financial history

Revenue by accounting period

5 periods available · ▲ growth ▼ decline

Sept 2019
Not available
Sept 2020
£9.9m
Sept 2021
£9.6m▼ -2.6%
Dec 2022
£13.1m
Dec 2023
£11.9m▼ -8.7%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2023£11.9m▼ -8.7%£626k62£6.6m
31 Dec 2022£13.1m—£575k63£6.1m
30 Sept 2021£9.6m▼ -2.6%£1.0m64£5.9m
30 Sept 2020£9.9m—£464k69£5.3m
30 Sept 2019————£5.1m

Some periods are not about 12 months apart, usually because the company changed its year end or the register holds more than one set of accounts for a year. Growth is shown only against a prior period roughly 12 months earlier.

Latest available figures

Period ending 31 Dec 2023. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

These are the most recent accounts available to us; more recent accounts may exist at Companies House.

Profit & loss

Revenue
£11.9m
Gross profit
£5.5m
Operating profit
£664k
Profit before tax
£626k
Profit after tax
£471k

Balance sheet

Total assets
£9.8m
Cash
£1.3m
Total liabilities
£3.2m
Net assets
£6.6m
Revenue per employee
£192k

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