How much does Toolsaver Ltd make?

Toolsaver Ltd reported revenue of £8.9m and a loss of £997k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Toolsaver Ltd have?

Toolsaver Ltd reported an average of 21 employees in the year to 31 Dec 2025.

Is Toolsaver Ltd profitable?

No — Toolsaver Ltd reported a loss of £997k in the year to 31 Dec 2025.

Company No. SC058605 · Incorporated 17 Sep 1975

Toolsaver Ltd

Registered name: TOOLSAVER LTD

Part of Noel Kegg Limited group

Toolsaver Ltd made £8.9m revenue and a £997k loss in the year to 31 Dec 2025.

Toolsaver Ltd’s revenue fell 23% to £8.9m in the year to 31 Dec 2025, with a loss of £997k and 21 employees. The company is classified under “non-specialised wholesale trade” and is based in Bellshill; 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: Bellshill, Scotland
Age: 51 yrs · since 1975
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

Capital-light

Revenue

£8.9m

Growth ▼23.5%

Profit

−£997k

Growth —

Profit margin

−11.2%

Gross 12%

Employees

Change ▼40%

Profit / employee

−£47.5k

Revenue/employee £423k

Profitable streak

0yrs

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	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£31.6m	£21.9m	£11.6m	£8.9m
Cost of sales	£27.8m	£19.1m	£10.1m	£7.8m
Gross profit	£3.8m	£2.8m	£1.5m	£1.1m
Operating profit	£174k	−£334k	−£1.7m	−£1m
Profit before tax	£53.9k	−£326k	−£1.7m	−£991k
Profit after tax	£17k	−£307k	−£1.6m	−£997k
Profit (best available)	£17k	−£307k	−£1.6m	−£997k
Staff costs	£2.6m	£2.1m	£1.5m	£906k
Employees (average)	66	52	35	21
Ratios
Profit margin	0.1%	−1.4%	−13.9%	−11.2%
Gross margin	12.1%	12.9%	13.2%	12%
Revenue per employee	£479k	£422k	£332k	£423k
Profit per employee	£257	−£5.9k	−£46.2k	−£47.5k
Growth (year on year)
Revenue growth	—	▼30.7%	▼47.1%	▼23.5%
Profit growth	—	▼1910%	—	—
Headcount growth	—	▼21.2%	▼32.7%	▼40%
Balance sheet — indirect signals, not revenue
Cash at bank	£103k	£568k	£214k	£164k
Net assets	£5.5m	£5m	£3.2m	£2.2m
Fixed assets	£512k	£393k	£227k	£291k
Current assets	£7.9m	£7.3m	£4.5m	£3.7m
Debtors	£2.3m	£1.7m	£1.3m	£1.2m
Deferred income	£44.2k	£67.2k	£42.6k	—
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: −11.2%; Profit ÷ revenue.
Gross margin: 12%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £423k; Revenue ÷ average employees.
Profit per employee: −£47.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.2%; 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: ▼31%; Now £2.2m
Cash at bank: ▼23%; Now £164k
Headcount: ▼40%; Now 21
Deferred income: —; Now —
Fixed assets: ▲28%; Now £291k

Corporate ownership

Group structure

Ownership chain

Noel Kegg Limitedultimate parent75–100%
Toolsaver Ltdthis company

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

Sister companies (2)

Toolporters LimitedFigures not disclosed
Toolstop LtdFigures not disclosed

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£997k), 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.