Toolex Limited
Registered name: TOOLEX LIMITED
Part of Project Milan Topco Limited groupToolex Limited does not publish its revenue or profit. Its accounts to 31 Dec 2025 show net assets of £775k and 12 employees.
Toolex Limited did not publish its revenue or profit — small companies aren’t required to file a profit & loss account. Its accounts for the year to 31 Dec 2025 showed net assets of £775k and 12 employees. The company is classified under “wholesale of machine tools” and is based in Wincanton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Wincanton, South West
- Age
- 57 yrs · since 1969
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Revenue not disclosed
Toolex Limited’s accounts for the year to 31 Dec 2025 contain a balance sheet but no profit & loss account, so its revenue and profit are not public. UK small and micro-entity companies are not required to publish a P&L — this is normal and says nothing about how the business is performing.
We never estimate revenue. Below you’ll find the balance-sheet figures that were filed — useful as indirect signals of momentum, but they are not revenue or profit.
- Employees
- 12
- Net assets
- £775k
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | No P&L | No P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | — | — |
| Profit (best available) | — | — | — | — |
| Employees (average) | 8 | 9 | 11 | 12 |
| Ratios | ||||
| Profit margin | — | — | — | — |
| Growth (year on year) | ||||
| Headcount growth | — | ▲12.5% | ▲22.2% | ▲9.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £175k | £148k | £105k | £137k |
| Net assets | £918k | £919k | £803k | £775k |
| Fixed assets | £384k | £412k | £350k | £298k |
| Debtors | £209k | £201k | £140k | £205k |
| Deferred income | — | £13.9k | £8.1k | £9.3k |
| Source | FilletedAccounts · bulk data Mar 2024 | FilletedAccounts · bulk data Mar 2024 | FilletedAccounts · bulk data Feb 2025 | FilletedAccounts · bulk data Mar 2026 |
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼4%
- Now £775k
- Cash at bank
- ▲31%
- Now £137k
- Headcount
- ▲9%
- Now 12
- Deferred income
- ▲15%
- Now £9.3k
- Fixed assets
- ▼15%
- Now £298k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Project Milan Topco Limitedultimate parent75–100%
- Project Milan Midco Limited75–100%
- Project Milan Midco 2 Limited75–100%
- Project Milan Bidco Limited75–100%
- Toolex Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Cutwel LimitedRev. £25.9m · Profit £4.3m
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- CMT Equipment LimitedDartford · Wholesale of machine tools
- Revenue
- £75.4m
- Profit
- £9.1m
- Staff
- 129
- Cutwel LimitedCleckheaton · Wholesale of machine tools
- Revenue
- £25.9m
- Profit
- £4.3m
- Staff
- 94
- Fyfes Vehicle and Engineering Supplies LtdCo. Antrim · Wholesale of machine tools
- Revenue
- £34.4m
- Profit
- £4.3m
- Staff
- 253
- E. McIntyre & Sons LimitedColeraine · Wholesale of machine tools
- Revenue
- £19.7m
- Profit
- £3.1m
- Staff
- 86
- Direct Tool Company LimitedSouthampton · Wholesale of machine tools
- Revenue
- £22.5m
- Profit
- £2.6m
- Staff
- 53
- Key Plant Automation LimitedLeek · Wholesale of machine tools
- Revenue
- £14.6m
- Profit
- £1.8m
- Staff
- 74
Sources
Latest figures from FilletedAccounts for the year to 31 Dec 2025, from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.