# PIONEER TOOLS LTD (05017986)

> PIONEER TOOLS LTD is an active private limited company (company number 05017986) incorporated on 16 January 2004, registered in Witham. Its registered activity is wholesale of machine tools (SIC 46620). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £53k, with 4 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 24% on the prior period (£42k).

- Status: Active
- Incorporated: 2004-01-16
- Registered office: Witham, CM8 2HE
- SIC 46620: Wholesale of machine tools
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-01-30
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 566 comparable companies in the UK (median £33k, upper quartile £222k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £53k | — | — | £104k | — | — | 4 |
| 2024-03-31 | £42k | — | — | £84k | — | — | 4 |

current ratio 1.51; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £52,556 at 31 March 2025
- Net assets up 10% or more on the prior period: +24.3% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.51
- Incorporated five or more years ago: Incorporated 16 January 2004

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Tony Alan Palmer — owns 75–100% of shares, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/05017986
HTML: https://firmoscan.com/company/05017986-pioneer-tools-ltd