Direct Tool Company Limited

	Page
Strategic Report	1
Directors' Report	2—3
Independent Auditor's Report	4—7
Income Statement	8
Statement of Comprehensive Income	9
Statement of Financial Position	10
Statement of Changes in Equity	11
Statement of Cash Flows	12
Notes to the Statement of Cash Flows	13
Notes to the Financial Statements	14—19

The directors present their strategic report for the year ended 31 December 2025.

Review of the Business

The Company's principal activity is that of a specialist supplier of consumables and industrial supplies, with a focus on the composites manufacturing and finishing markets. The Company operates by procuring, storing, and distributing a comprehensive range of consumable products, workshop equipment, PPE, and related materials, serving sectors such as aerospace, automotive, marine, defence, and paintshops.

The Company also provides value‑added services including inventory control via the DTC HUB platform, supply chain streamlining, high stock holding, fast deliveries, and customer support.

Principal Risks and Uncertainties

The main risks facing the Company include supply chain disruption, inflation in product and transport costs, and economic uncertainty affecting customer demand. To mitigate these, the Company maintains high levels of stock, builds strong supplier relationships, and closely monitors its cost base.

Key performance indicators

The Company monitors several financial and non financial key performance indicators to assess performance including revenue growth and gross profit margins.

For the year ended 31 December 2025 revenues increased by 3.0% to £22.5m (2024: £21.9m). Gross margin also increased from 30.1% to 31.4%.

Strategic progress and market evolution

In 2025, the Company focused on enhancing business resilience and the quality of earnings through two key pillars:

Contractual security and long term growth: The Company has successfully de-risked its revenue streams by signing several key accounts to long term supply contracts. Furthermore, the Company has successfully onboarded multiple new accounts on 3 to 5 year agreements, providing significant forward earnings visibility and further strengthening the Company's competitive position through deeply embedded customer relationships.

Digital transformation (DTCHub): The Company continued to invest in the DTCHub to maintain its position as the industry’s most intuitive online portal.

On behalf of the board

Mr Timothy Wakeford

Director

24/07/2026

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Direct Tool Company Limited

Company No. 06728232

Directors' Report For The Year Ended 31 December 2025

Directors' Report

The directors present their report and the financial statements for the year ended 31 December 2025.

Principal Activity

The company's principal activity during the year was the distribution of tools and equipment.

Dividends

The value of dividends paid amounted to £2,032,274 (2024: £417,412).

The directors recommended a final dividend of £NIL .

Directors

The directors who held office during the year were as follows:

Mr Timothy Wakeford

Mr Luke Wakeford

Mr Rick Wakeford

Statement of Directors' Responsibilities

The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards, comprising FRS102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable United Kingdom Accounting Standards, comprising FRS102, have been followed subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Statement of Disclosure of Information to Auditors

In the case of each director in office at the date the Directors' Report is approved:

so far as the director is aware, there is no relevant audit information of which the company's auditors are unaware; and
they have taken all the steps that they ought to have taken as directors in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information.

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Direct Tool Company Limited

Directors' Report (continued)

For The Year Ended 31 December 2025

Independent Auditors

The auditor, Sumer Audit , is deemed to be reappointed under Section 487(2) of the Companies Act 2006.

On behalf of the board

Mr Timothy Wakeford

Director

24/07/2026

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Independent Auditor's Report

to the Members of

Direct Tool Company Limited

Independent Auditor's Report

Opinion

We have audited the financial statements of Direct Tool Company Limited (the 'company') for the year ended 31 December 2025 which comprise of Income Statement, Statement of Comprehensive Income, Statement of Financial Position, Changes in Equity, Statement of Cashflows and notes to the financial statements. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

give a true and fair view of the state of the company's affairs as at 31 December 2025 and of its profit for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for Opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions Relating to Going Concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on Other Matters Prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

the information given in the strategic report and the directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

the strategic report and the directors' report have been prepared in accordance with applicable legal requirements.

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Independent Auditor's Report (continued)

to the Members of

Direct Tool Company Limited

Matters on Which We Are Required to Report by Exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors' report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

the financial statements are not in agreement with the accounting records and returns; or

certain disclosures of directors' remuneration specified by law are not made; or

we have not received all the information and explanations we require for our audit.

Responsibilities of Directors

As explained more fully in the directors' responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

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Independent Auditor's Report (continued)

to the Members of

Direct Tool Company Limited

Auditor's Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non- compliance with laws and regulations, our procedures included the following:

Obtaining an understanding of the legal and regulatory framework that the group operates in, focusing on those laws and regulations that had a direct effect on the financial statements and operations;

Obtaining an understanding of the group’s policies and procedures on fraud risks, including knowledge of any actual, suspected or alleged fraud;

Discussing among the engagement team how and where fraud might occur in the financial statements and any potential indicators of fraud through our knowledge and understanding of the companies and our sector-specific experience.

As a result of these procedures, we considered the opportunities and incentives that may exist within the group for fraud. We are also required to perform specific procedures to respond to the risk of management override. As a result of performing the above, we identified the following areas as those most likely to have an impact on the financial statements: health & safety, employment law and compliance with the UK Companies Act.

In addition to the above, our procedures to respond to risks identified included the following:

Making enquiries of management about any known or suspected instances of non-compliance with laws and regulations and fraud;

Reviewing minutes of meetings of the board and senior management;

Challenging assumptions and judgements made by management in their significant accounting estimates; and

Auditing the risk of management override of controls, including through testing journal entries and other adjustments for appropriateness.

Due to the inherent limitations of an audit, there is an unavoidable risk that some material misstatements in the financial statements may not be detected, even though the audit is properly planned and performed in accordance with the ISAs (UK). For instance, the further removed non-compliance is from the events and transactions reflected in the financial statements, the less likely the auditor is to become aware of it or to recognise the non-compliance.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

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Independent Auditor's Report (continued)

to the Members of

Direct Tool Company Limited

Use Of Our Report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Sumer Audit

Charatered Accountants

Statutory Auditor

Worthing

Sumer Audit is the trading name of Sumer Auditco Limited

Peter Reading FCCA (Senior Statutory Auditor)

for and on behalf of Sumer Audit , Statutory Auditor

27/07/2026

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Direct Tool Company Limited

Income Statement

For The Year Ended 31 December 2025

Income Statement

		2025	2024
	Notes	£	£
TURNOVER	3	22,539,159	21,889,969
Cost of sales		(15,466,199 )	(15,309,146 )

GROSS PROFIT		7,072,960	6,580,823

Administrative expenses		(3,907,612 )	(3,988,969 )
Other operating income		88,709	-

OPERATING PROFIT	5	3,254,057	2,591,854
Profit on disposal of fixed assets		-	6,578
Other interest receivable and similar income	10	128,148	126,709

PROFIT BEFORE TAXATION		3,382,205	2,725,141
Tax on Profit	11	(766,683 )	(697,854 )

PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR		2,615,522	2,027,287

The notes on pages 13 to 19 form part of these financial statements.

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Direct Tool Company Limited

Statement of Comprehensive Income

For The Year Ended 31 December 2025

Statement of Comprehensive Income

	2025	2024
	£	£
PROFIT FOR THE FINANCIAL YEAR	2,615,522	2,027,287
OTHER COMPREHENSIVE INCOME FOR THE YEAR	-	-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR	2,615,522	2,027,287

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Direct Tool Company Limited

Statement of Financial Position

As At 31 December 2025

Statement of Financial Position

Registered number: 06728232

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	13		259,518		310,728

			259,518		310,728
CURRENT ASSETS
Stocks	14	3,299,930		3,123,012
Debtors	15	3,902,837		3,680,331
Cash at bank and in hand		5,324,856		2,739,972

		12,527,623		9,543,315
Creditors: Amounts Falling Due Within One Year	16	(5,610,375 )		(3,125,772 )

NET CURRENT ASSETS (LIABILITIES)			6,917,248		6,417,543

TOTAL ASSETS LESS CURRENT LIABILITIES			7,176,766		6,728,271

Creditors: Amounts Falling Due After More Than One Year	17		(3,620,022 )		(3,742,491 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	18		(56,744 )		(69,028 )

NET ASSETS			3,500,000		2,916,752

CAPITAL AND RESERVES
Called up share capital	20		110		110
Income Statement			3,499,890		2,916,642

SHAREHOLDERS' FUNDS			3,500,000		2,916,752

On behalf of the board

Mr Timothy Wakeford

Director

24/07/2026

The notes on pages 13 to 19 form part of these financial statements.

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Direct Tool Company Limited

Statement of Changes in Equity

For The Year Ended 31 December 2025

Statement of Changes in Equity

	Share Capital	Income Statement	Total
	£	£	£
As at 1 January 2024	110	1,306,767	1,306,877
Profit for the year and total comprehensive income	-	2,027,287	2,027,287

Dividends paid	-	(417,412)	(417,412)

As at 31 December 2024 and 1 January 2025	110	2,916,642	2,916,752


Profit for the year and total comprehensive income	-	2,615,522	2,615,522

Dividends paid	-	(2,032,274)	(2,032,274)

As at 31 December 2025	110	3,499,890	3,500,000

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Direct Tool Company Limited

Statement of Cash Flows

For The Year Ended 31 December 2025

Statement of Cash Flows

		2025	2024
	Notes	£	£
Cash flows from operating activities
Net cash generated from operations	1	5,548,901	1,261,616
Interest refunded		128,148	126,709
Tax paid		(1,028,044 )	(679,869 )

Net cash generated from operating activities		4,649,005	708,456

Cash flows from investing activities
Purchase of tangible assets		(31,847 )	(41,979 )
Proceeds from disposal of tangible assets		-	34,000

Net cash used in investing activities		(31,847 )	(7,979 )

Cash flows from financing activities
Equity dividends paid		(2,032,274 )	(417,412 )



Increase in cash and cash equivalents		2,584,884	283,065
Cash and cash equivalents at beginning of year	2	2,739,972	2,456,907

Cash and cash equivalents at end of year	2	5,324,856	2,739,972

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Direct Tool Company Limited

Notes to the Statement of Cash Flows

For The Year Ended 31 December 2025

Notes to the Statement of Cash Flows

1. Reconciliation of profit for the financial year to cash generated from operations

	2025	2024
	£	£
Profit for the financial year	2,615,522	2,027,287
Adjustments for:
Tax on profit	766,683	697,854
Interest income	(128,148 )	(126,709 )
Depreciation of tangible assets	83,057	100,529
Profit on disposal of tangible assets	-	(6,578)
Movements in working capital:
(Increase)/decrease in stocks	(176,918 )	14,416
Increase in trade and other debtors	(222,506 )	(423,475 )
Increase/(decrease) in trade and other creditors	2,611,211	(1,021,708 )

Net cash generated from operations	5,548,901	1,261,616

2. Cash and cash equivalents

Cash and cash equivalents, as stated in the Statement of Cash Flows, relates to the following items in the Balance Sheet:

	2025	2024
	£	£
Cash at bank and in hand	5,324,856	2,739,972

3. Analysis of changes in net funds

	As at 1 January 2025	Cash flows	As at 31 December 2025
	£	£	£
Cash at bank and in hand	2,739,972	2,584,884	5,324,856

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Direct Tool Company Limited

Notes to the Financial Statements

For The Year Ended 31 December 2025

Notes to the Financial Statements

1. General Information

Direct Tool Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06728232 . The registered office is Castlehill Business Park, Flexford Road, North Baddesley, Southampton, Hampshire, SO52 9DF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Significant judgements and estimations

In the application of the company’s accounting policies, the directors required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	over the lease term
Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% reducing balance

2.6. Stocks and Work in Progress

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

2.7. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

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Direct Tool Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.8. Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

2.9. Provisions and Contingencies

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

2.10. Foreign currency

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction.

At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

2.11. Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2.12. Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

3. Turnover

Analysis of turnover by geographical market is as follows:

	2025	2024
	£	£
United Kingdom	22,539,159	21,889,969

	22,539,159	21,889,969

4. Other Operating Income

	2025	2024
	£	£
Other operating income	88,709	-

	88,709	-

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Direct Tool Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Operating Profit

The operating profit is stated after charging:

	2025	2024
	£	£
Depreciation of tangible fixed assets	83,057	100,529

6. Auditor's Remuneration

Remuneration received by the company's auditors and their associates during the year was as follows:

	2025	2024
	£	£
Audit Services
Audit of the company's financial statements	19,500	19,500

7. Staff Costs

Staff costs, including directors' remuneration, were as follows:

	2025	2024
	£	£
Wages and salaries	2,177,707	2,307,228
Social security costs	261,550	220,823
Other pension costs	29,436	32,586

	2,468,693	2,560,637

8. Average Number of Employees

Average number of employees, including directors, during the year was as follows:

	2025	2024
Office and administration	16	15
Sales, marketing and distribution	24	23
Warehouse	13	13

	53	51

9. Directors' remuneration

	2025	2024
	£	£
Emoluments	35,724	35,724

Information regarding the highest paid director was as follows:

	2025	2024
	£	£
Emoluments	11,908	12,316

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Direct Tool Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

10. Interest Receivable and Similar Income

	2025	2024
	£	£
Bank interest receivable	128,148	126,709

11. Tax on Profit

The tax charge on the profit for the year was as follows:

	Tax Rate		2025	2024
	2025	2024	£	£
Current tax
UK Corporation Tax	25.0%	25.0%	778,967	703,496
Deferred Tax
Deferred taxation			(12,284 )	(5,642 )


Total tax charge for the period			766,683	697,854

The actual charge for the year can be reconciled to the expected charge for the year based on the profit and the standard rate of corporation tax as follows:

	2025	2024
	£	£
Profit before tax	3,382,205	2,725,141

Tax on profit at 25% (UK standard rate)	845,551	681,285
Expenses not deductible for tax purposes	20,649	22,211
Research and Development tax credit	(87,233 )	-

Total tax charge for the period	778,967	703,496

12. Intangible Assets

	Goodwill
	£
Cost
As at 1 January 2025	450,000

As at 31 December 2025	450,000

Amortisation
As at 1 January 2025	450,000

As at 31 December 2025	450,000

Net Book Value
As at 31 December 2025	-

As at 1 January 2025	-

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Direct Tool Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

13. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 January 2025	805,823	264,355	378,992	1,449,170
Additions	-	14,348	17,499	31,847

As at 31 December 2025	805,823	278,703	396,491	1,481,017

Depreciation
As at 1 January 2025	590,491	243,471	304,480	1,138,442
Provided during the period	53,833	6,798	22,426	83,057

As at 31 December 2025	644,324	250,269	326,906	1,221,499

Net Book Value
As at 31 December 2025	161,499	28,434	69,585	259,518

As at 1 January 2025	215,332	20,884	74,512	310,728

14. Stocks

	2025	2024
	£	£
Stock	3,299,930	3,123,012

15. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	3,818,964	3,508,673
Other debtors	83,873	171,658

	3,902,837	3,680,331

16. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	2,834,034	1,893,062
Other creditors	2,246,806	403,201
Corporation tax	153,391	402,468
Taxation and social security	376,144	427,041

	5,610,375	3,125,772

17. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other creditors	3,620,022	3,742,491

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Direct Tool Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

18. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Other timing differences	56,744	69,028

19. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 January 2025	69,028	69,028
Deferred taxation	(12,284 )	(12,284 )

Balance at 31 December 2025	56,744	56,744

20. Share Capital

	2025	2024
Allotted, called up but not fully paid	£	£
110 Ordinary Shares of £ 1.00 each	110	110

21. Pension Commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.

During the year the charge to the income statement in respect of defined contribution schemes was £29,436 (2024: £32,586).

At the statement of financial position date contributions of £NIL were due to the fund and are included in creditors.

22. Dividends

	2025	2024
	£	£
On equity shares:
Final dividend paid	2,032,274	417,412

23. Controlling Parties

The ultimate controlling party is The Direct Tool Trust by virtue of its 76% voting rights in Direct Tool Company Ltd.

24. Principal place of business

The address of the company's principal place of business and registered office is:

Castlehill Business Park Flexford Road

North Baddesley

Southampton

Hampshire

SO52 9DF

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