TOOLK-1T LTD

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Executive Summary

TOOLK-1T LTD is currently in a financially fragile state, marked by negative net assets and recurring working capital deficits, though recent periods show some liquidity improvement. The company faces uncertainty about its standalone future, preparing to hive up assets to its parent, indicating significant restructuring ahead. Immediate focus on liquidity management, intra-group financing clarity, and strategic restructuring is essential to improve its financial health.

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Who controls this company?

Flotek Group Limited

Correspondence address
The Maltings, East Tyndall Street, Cardiff, Wales, CF24 5EA
Notified on
2023-04-12
Governing law
England & Wales
Legal form
Limited Company
Place registered
England And Wales
Registration number
13882299
Nature of control
Owns more than 75% of the company's shares
Has more than 75% of the voting rights in the company

Mr Richard Mark Williams

HISTORIC INFORMATION
Ceased on
2023-04-12
Correspondence address
Tramshed Tech, Unit D, Pendyris Street, Cardiff, Wales, CF11 6BH
Date of birth
August 1966
Notified on
2020-12-03
Nationality
British
Country of residence
United Kingdom
 
Source data
Nature of control
Owns more than 75% of the company's shares
Has more than 75% of the voting rights in the company
More Company Information
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