CROMWELL TOOLS LIMITED
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Cash
£279k
-79.1% lowest in 3 filed years
Net assets
£54m
+155.2% highest in 3 filed years
Employees
—
Average over period
Profit before tax
-£4.4m
-2,317.8% lowest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £230,275,000 | £238,221,000 | £239,788,000 | +0.7% | |
| Operating profit | £1,960,000 | £298,000 | -£4,200,000 | -1,509.4% | |
| Profit before tax | £1,919,000 | £197,000 | -£4,369,000 | -2,317.8% | |
| Net profit | £1,850,000 | £183,000 | -£4,401,000 | -2,504.9% | |
| Cash | £718,000 | £1,333,000 | £279,000 | -79.1% | |
| Total assets less current liabilities | £21,161,000 | £21,094,000 | — | — | |
| Net assets | £21,161,000 | £21,094,000 | £53,823,000 | +155.2% | |
| Equity | £21,161,000 | £21,094,000 | £53,823,000 | +155.2% | |
| Average employees | 16 | 15 | — | — | |
| Wages | £33,328,000 | £34,817,000 | £35,047,000 | +0.7% | |
| Directors' remuneration | £497,000 | £800,000 | £1,366,000 | +70.8% | |
| Directors' pension contributions | £48,000 | £80,000 | £65,000 | -18.8% | |
| Highest paid director | £425,000 | £767,000 | £1,312,000 | +71.1% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 0.9% | 0.1% | -1.8% | |
| Net margin | 0.8% | 0.1% | -1.8% | |
| Return on capital employed | 9.3% | 1.4% | — | |
| Gearing (liabilities / total assets) | 83.4% | 82.5% | 57.2% | |
| Current ratio | 1.09x | 1.09x | 1.53x | |
| Interest cover | 40.83x | 2.55x | -25.15x |
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.
Name history
Renamed 1 time since incorporation
- CROMWELL TOOLS LIMITED 1995-08-09 → present
- CROMWELL TOOLS (LEICESTER) LIMITED 1970-08-05 → 1995-08-09
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 company meets its day to day working capital requirements through financing arrangements alongside cash held in the bank. Long term forecasts prepared by the directors show that the company can continue to operate within the funding facilities available to it, which includes appropriate indications that support will continue from group companies, for a period of at least 12 months from the date of signing of these financial statements. The directors therefore consider it is appropriate for the financial statements to be prepared on a going concern basis.”
Significant events
- “On 17 December 2025, W.W. Grainger, Inc. completed the sale of the GWW UK Holdings Ltd group (the "Cromwell Group") to Aurelius Investments, following a strategic decision to exit the European market and consolidate focus on its core US and Japanese operations. This transition establishes the Cromwell Group as an independent and highly competitive entity within the Maintenance, Repair, and Operations (MRO) sector.”
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 183 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-10 | AA | accounts | Accounts with accounts type full | |
| 2025-12-31 | SH01 | capital | Capital allotment shares | |
| 2025-12-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-12-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-12-18 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-12-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-01 | AA | accounts | Accounts with accounts type full | |
| 2024-11-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-05 | AA | accounts | Accounts with accounts type full | |
| 2024-04-23 | SH01 | capital | Capital allotment shares | |
| 2024-03-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-11-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-05 | AA | accounts | Accounts with accounts type full | |
| 2022-11-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-28 | AA | accounts | Accounts with accounts type full | |
| 2022-06-28 | TM01 | officers | Termination director company with name termination date | |
| 2021-11-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-30 | AA | accounts | Accounts with accounts type full | |
| 2021-04-15 | CH04 | officers | Change corporate secretary company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 1
- 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.