How much does The Tool Connection Limited make?

The Tool Connection Limited reported revenue of £21m and £2m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does The Tool Connection Limited have?

The Tool Connection Limited reported an average of 132 employees in the year to 31 Dec 2025.

Is The Tool Connection Limited profitable?

Yes — The Tool Connection Limited reported a profit of £2m in the year to 31 Dec 2025.

Company No. 01968900 · Incorporated 5 Dec 1985

The Tool Connection Limited

Registered name: THE TOOL CONNECTION LIMITED

Part of The Tool Connection Holdings Ltd group

The Tool Connection Limited made £21m revenue and £2m profit in the year to 31 Dec 2025.

The Tool Connection Limited’s revenue fell 2% to £21m in the year to 31 Dec 2025, with £2m profit and 132 employees. The company is classified under “non-specialised wholesale trade” and is based in Walsall; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade

Status: Active
Location: Walsall, West Midlands
Age: 40 yrs · since 1985
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.

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

£21m

Growth ▼1.6%

Profit

£2m

Growth ▲2.4%

Profit margin

9.4%

Gross 55.3%

Employees

132

Change ▼1.5%

Profit / employee

£15k

Revenue/employee £159k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Profit only	Full P&Lread from filing text	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£21.4m	£21.3m	£21m
Cost of sales	£8.9m	£9.5m	£10.1m	£9.4m
Gross profit	—	£10.8m	£11.2m	£11.6m
Operating profit	—	£2.2m	£2.3m	£2.6m
Profit before tax	—	£2.3m	£2.6m	£2.6m
Profit after tax	£1.4m	£1.8m	£1.9m	£2m
Profit (best available)	£1.4m	£1.8m	£1.9m	£2m
Staff costs	£4.4m	£4.7m	£4.9m	£5.1m
Employees (average)	133	137	134	132
Ratios
Profit margin	—	8.5%	9.1%	9.4%
Gross margin	—	50.7%	52.6%	55.3%
Revenue per employee	—	£156k	£159k	£159k
Profit per employee	£10.8k	£13.2k	£14.4k	£15k
Cash conversion	—	−87.6%	—	—
Growth (year on year)
Revenue growth	—	—	▼0.3%	▼1.6%
Profit growth	—	▲25.2%	▲7.2%	▲2.4%
Headcount growth	—	▲3%	▼2.2%	▼1.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£9.4m	£9.4m	£5.6m	£6.5m
Net assets	£27.6m	£29.2m	£29.2m	£34.6m
Fixed assets	£5.7m	£6m	£6m	£10.1m
Current assets	£24.4m	£25.7m	£25.8m	£27.1m
Debtors	£3.1m	£3.2m	£3.1m	£3.2m
Deferred income	£152k	£167k	£174k	£234k
Cash from operations	−£627k	−£1.9m	—	—
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 9.4%; Profit ÷ revenue.
Gross margin: 55.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £159k; Revenue ÷ average employees.
Profit per employee: £15k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 48.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.2%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▲18%; Now £34.6m
Cash at bank: ▲17%; Now £6.5m
Headcount: ▼1%; Now 132
Deferred income: ▲34%; Now £234k
Fixed assets: ▲67%; Now £10.1m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

The Tool Connection Holdings Ltdultimate parent75–100%
The Tool Connection Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (4)

Eldon Engineering Co. LimitedFigures not disclosed
Eldon Tool Company LimitedFigures not disclosed
Laser Tools Racing LimitedFigures not disclosed
Powertec Automotive Equipment LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £2m), from the Companies House accounts bulk data published Sep 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.