DRAPER TOOLS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-06 (in 2mo)
Last made up 2025-06-22
Watchouts
None on the register
Cash
£2M
Latest balance sheet
Net assets
£48M
Equity attributable
Employees
283
Average over period
Profit before tax
-£6M
Period ending 2024-12-31
Name history
Renamed 1 time since incorporation
- DRAPER TOOLS LIMITED 1980-12-31 → present
- B.DRAPER & SON LIMITED 1956-08-23 → 1980-12-31
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £66,448,037 | £51,188,042 | |
| Operating profit | £923,127 | -£5,875,230 | |
| Profit before tax | £1,081,693 | -£5,514,208 | |
| Net profit | £589,445 | -£3,608,362 | |
| Cash | £7,624,862 | £2,418,748 | |
| Total assets less current liabilities | £92,132,326 | £49,015,394 | |
| Net assets | £89,300,465 | £48,149,386 | |
| Equity | £89,300,465 | £48,149,386 | |
| Average employees | 274 | 283 | |
| Wages | £12,823,529 | £10,793,285 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 1.4% | -11.5% | |
| Net margin | 0.9% | -7.0% | |
| Return on capital employed | 1.0% | -12.0% | |
| Current ratio | 3.67x | 3.02x | |
| Interest cover | 474.86x | -101.65x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate”
Group structure
- DRAPER TOOLS LIMITED · parent
- Draper Tools (Ireland) Limited 100%
- Draper Tools Limited 100%
- Draper Far East Limited 100%
- Jue Bo (Shanghai) Trading Limited 100%
- Delta International B V 100%
- Draper Tools Pty Limited 100%
Significant events
- “Firstly the portfolio of freehold property used both within the business and leased commercially has been transferred at net book value to another group company as part of a long running project to restructure the group to allow management to have better transparency of the financial results flowing from the business activities.”
- “Secondly the trade and assets of Avalla Ltd (a fellow subsidiary of Draper Tool Group) was acquired on the last day of the year This will allow synergies in management, reporting and logistics in the future.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DRAPER, Thomas Edward | Secretary | 2023-01-31 | — | — |
| BOSCHI, Matthew James | Director | 2020-09-01 | Nov 1970 | British |
| BROUGHTON, Mark David | Director | 2024-01-01 | Oct 1979 | British |
| DRAPER, John Norman | Director | — | Jun 1950 | British |
| DRAPER, Joseph Daniel | Director | 2014-01-10 | Apr 1987 | British |
| DRAPER, Thomas Edward | Director | 2014-01-10 | Dec 1984 | British |
| SHEEN, Matthew | Director | 2023-01-04 | Jun 1976 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DENNEY, Peter John | Secretary | 2020-06-18 | 2023-01-31 |
| DRAPER, John Norman | Secretary | — | 2020-06-18 |
| COLE, Andrew | Director | 2003-11-06 | 2023-01-31 |
| CORNWALL, Terence Reginald | Director | 2003-07-07 | 2005-10-14 |
| DENNEY, Peter John | Director | 2012-06-11 | 2023-01-31 |
| DRAPER, Joan Amy | Director | — | 1999-05-04 |
| DRAPER, Norman Keen | Director | — | 1994-03-14 |
| MCGOWAN, Terence Francis | Director | 1999-05-21 | 2022-05-31 |
| MILLS, David | Director | 1999-05-21 | 2001-12-07 |
| RICHARDSON, Clive Vincent Anthony | Director | 2003-11-06 | 2020-05-29 |
| ROWLEY, Philip William | Director | 2017-11-09 | 2025-12-31 |
| SMITH, Kevin David | Director | 2022-01-01 | 2022-09-30 |
| WADE, Graham John | Director | 2003-11-06 | 2023-03-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Draper Tool Group Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 146 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-20 | AA | accounts | Accounts with accounts type full | |
| 2025-06-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-08 | AA | accounts | Accounts with accounts type full | |
| 2024-07-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-04 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-21 | AA01 | accounts | Change account reference date company current extended | |
| 2023-06-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-30 | AA | accounts | Accounts with accounts type full | |
| 2023-03-30 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-31 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-01-31 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-31 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-31 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-01-23 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-12 | TM01 | officers | Termination director company with name termination date | |
| 2022-07-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-06 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31