# NEW LOCAL TOOLS LTD (12283913)

> NEW LOCAL TOOLS LTD is an active private limited company (company number 12283913) incorporated on 28 October 2019, registered in Romford. Its registered activity is other retail sale of new goods in specialised stores (not commercial art galleries and opticians) (SIC 47789). Latest abridged accounts cover the period ending 31 October 2025, showing net assets of £41k and cash of £142k, with 5 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 344% on the prior period (£9,316).

- Status: Active
- Incorporated: 2019-10-28
- Registered office: Romford, RM7 7LH
- SIC 47789: Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
- Next accounts due: 2027-07-31
- Confirmation statement due: 2026-11-11
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the top quarter of 530 comparable companies in Greater London (median £3,698, upper quartile £41k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-10-31 | £41k | £142k | £37k | £254k | — | — | 5 |
| 2024-10-31 | £9,316 | £42k | £6,094 | £192k | — | — | 5 |

current ratio 1.55; size band micro.

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

- Net assets above zero: Net assets £41,379 at 31 October 2025
- Net assets up 10% or more on the prior period: +344.2% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.55
- Cash at bank of £50,000 or more: Cash £141,773
- Incorporated five or more years ago: Incorporated 28 October 2019

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

## Persons with significant control

- Bov Holding Ltd (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights, since 2019-10-28

---
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/12283913
HTML: https://firmoscan.com/company/12283913-new-local-tools-ltd