CROMWELL TOOLS LIMITED — The Accounts

Get an alert when CROMWELL TOOLS LIMITED files next

Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.

Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-11-14 (in 6mo)

Last made up 2025-10-31

Watchouts

None on the register

Cash

£1M

+85.7% vs 2023

Net assets

£21M

-0.3% vs 2023

Employees

-6.3% vs 2023

Profit before tax

£197K

-89.7% vs 2023

Name history

Renamed 1 time since incorporation

CROMWELL TOOLS LIMITED 1995-08-09 → present
CROMWELL TOOLS (LEICESTER) LIMITED 1970-08-05 → 1995-08-09

Net assets

2-year trend · vs Consumer Discretionary median

CROMWELL TOOLS LIMITED·Consumer Discretionary median · n=5592

Accounts

2-year trend · latest reflected 2024-12-31

Metric	2023-12-31	2024-12-31
Turnover	£230,275,000	£238,221,000
Operating profit	£1,960,000	£298,000
Profit before tax	£1,919,000	£197,000
Net profit	£1,850,000	£183,000
Cash	£718,000	£1,333,000
Total assets less current liabilities	£21,161,000	£21,094,000
Net assets	£21,161,000	£21,094,000
Equity	£21,161,000	£21,094,000
Average employees	16	15
Wages	£33,328,000	£34,817,000

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	2023-12-31	2024-12-31
Operating margin	0.9%	0.1%
Net margin	0.8%	0.1%
Return on capital employed	9.3%	1.4%
Gearing (liabilities / total assets)	83.4%	82.5%
Current ratio	1.09x	1.09x
Interest cover	40.83x	2.55x

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: Cooper Parry Group Limited
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“The directors therefore consider it is appropriate for the financial statements to be prepared on a going concern basis.”

Significant events

“The company continues to evolve its branch network, introducing smaller, more efficient locations tailored to both customer and business needs. This transformation is complemented by an expanded and evolving product range, including the development of the company's exclusive in-house offerings, Halo and Kennedy.”
“Adapting to shifts in the business landscape, the company remains well positioned to capitalize on future growth opportunities, supported by its diversified product range and customer portfolio.”
“The company's recent Engagement survey results showed continued strong colleague engagement, again exceeding 80% in April 2025, reflecting a strong and motivated workforce aligned with the company's values purpose and strategic objectives.”
“Our website cromwell.co.uk continues to hold an excellent 4.6* Trustpilot ranking and customer experience feedback shows consistently high customer experience feedback with customer ease, our key metric, averaging 90%.”
“We were also delighted recently to be commended for the Distributor of the Year at the Safety and Health Excellence Awards, having won last year.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

2 active · 25 resigned

Name	Role	Appointed	Born	Nationality
JOWSEY, Neil Lawrence, Mr.	Director	2018-09-07	Aug 1964	British
STEWARD, Jason	Director	2020-08-01	Jul 1970	British

Show 25 resigned officers

Name	Role	Appointed	Resigned
DRAA III, Horace Vincent, Mr.	Secretary	2017-08-01	2019-04-08
LADBROOKE, Timothy	Secretary	—	2016-12-31
STANUKINAS, Paul Joseph, Mr.	Secretary	2016-12-31	2017-07-31
CORPORATION SERVICE COMPANY (UK) LIMITED	Corporate Secretary	2019-04-08	2025-12-17
CLARKE, Justin Neil	Director	2020-07-03	2021-12-31
COSTELLO JR., Fred James, Mr.	Director	2016-12-30	2019-03-01
CURTIS, Peter Eric	Director	1997-05-01	2010-12-31
DOHERTY, Brian	Director	2000-02-01	2004-02-29
DRAA III, Horace Vincent, Mr.	Director	2017-08-01	2020-07-02
GREGORY, Michael	Director	—	2015-09-01
HEMMINGS, Steve	Director	2013-04-02	2016-12-31
INGHAM, Jolyon Christopher David	Director	1998-09-01	2000-04-30
KERINS, Michael	Director	2000-02-01	2017-10-02
LADBROOKE, Timothy	Director	—	2016-12-31
MAXTED, Alan	Director	1995-09-01	2016-12-31
MORTIBOYS, Gary	Director	2010-04-27	2016-09-12
MORTIBOYS, Gary	Director	1996-06-01	1999-03-31
MOWINSKI, Ryan	Director	2016-09-12	2018-11-30
PERKINS, Michael David	Director	—	2005-05-12
POTT, Richard Kevin, Mr.	Director	2018-11-30	2020-07-31
RAWLINSON II, David Lee	Director	2015-09-01	2016-12-31
SEALEY, David	Director	1998-11-10	2016-12-31
SHEARER, Gordon Scott	Director	1997-05-01	2016-12-31
STANUKINAS, Paul Joseph	Director	2015-09-01	2017-07-31
TOVEY, Robert George	Director	—	1996-08-31

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Cromwell Group (Holdings) Limited	Corporate entity	Shares 75–100%, Voting 75–100%, Appoints directors	2016-05-19	Active

Filing timeline

Last 20 of 182 total filings

Date	Type	Category	Description
2025-12-31	SH01	capital	Capital allotment shares	PDF
2025-12-22	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2025-12-22	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2025-12-18	TM02	officers	Termination secretary company with name termination date	PDF
2025-12-18	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2025-11-05	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2025-08-01	AA	accounts	Accounts with accounts type full
2024-11-13	CS01	confirmation-statement	Confirmation statement with updates	PDF
2024-08-05	AA	accounts	Accounts with accounts type full
2024-04-23	SH01	capital	Capital allotment shares	PDF
2024-03-01	AD01	address	Change registered office address company with date old address new address	PDF
2023-11-15	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-10-05	AA	accounts	Accounts with accounts type full
2022-11-14	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2022-09-28	AA	accounts	Accounts with accounts type full
2022-06-28	TM01	officers	Termination director company with name termination date	PDF
2021-11-16	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2021-09-30	AA	accounts	Accounts with accounts type full
2021-04-15	CH04	officers	Change corporate secretary company with change date	PDF
2021-03-08	PSC05	persons-with-significant-control	Change to a person with significant control	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 7
Capital events: 1
Officers appointed: 0
Officers resigned: 1

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

Turnover

+3.5%

£230,275,000 £238,221,000
Cash

+85.7%

£718,000 £1,333,000
Net assets

-0.3%

£21,161,000 £21,094,000
Employees

-6.3%

16 15
Operating profit

-84.8%

£1,960,000 £298,000
Profit before tax

-89.7%

£1,919,000 £197,000
Wages

+4.5%

£33,328,000 £34,817,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Official Companies House page