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| location = [[Bridgwater]], [[Somerset]], [[United Kingdom|UK]]
| location = [[Bridgwater]], [[Somerset]], [[United Kingdom|UK]]
| locations = 103 UK branches
| locations = 1030 UK branches
| area_served =
| area_served =
| industry = Trade, Maintenance & DIY
| industry = Trade, Maintenance & DIY

Revision as of 10:30, 28 May 2013

Toolstation Limited
Company typePublic / subsidiary
IndustryTrade, Maintenance & DIY
FoundedFebruary 12, 2002 (2002-02-12)
FounderMark Goddard-Watts
HeadquartersBridgwater, Somerset, UK
Number of locations
1030 UK branches
ProductsScrews, Power Tools, Hand Tools, Fixings, Accessories, Kitchens, Bathrooms, Flooring, Lighting, Building supplies, Plumbing and Heating, Safety Workwear, Security, Electrical supplies and Ironmongery
RevenueIncrease £103.9m (2011) [1]
OwnerTravis Perkins plc
Number of employees
1000 (est, Dec 2011)
Websitewww.toolstation.com

Toolstation Ltd is a large UK and EU direct sale and online supplier of trade tools, accessories and hardware products.

The company head office and main distribution centre is in Bridgwater, Somerset where it is a major employer for the area. This is supplemented by over 100 branches across the UK and a large stock warehouse in Redditch (2009). There is also an operation in the Netherlands with direct-mail facilities and 5 branches.

History

Toolstation was formed in 2003 by Mark Goddard-Watts four years after the Goddard-Watts family had sold Screwfix in 1999 to the Kingfisher plc group.

On Monday 7 April 2008, it was announced that Travis Perkins plc had bought a 30% share in Toolstation. Travis Perkins invested in Toolstation and supported an accelerated roll-out of new branches. The Toolstation property portfolio grew from 12 to 103 stores by the end of 2011.

On Tuesday 3 January 2012, Mark Gooddard-Watts and his family sold their remaining 70% stake in the business to Travis Perkins plc, making Toolstation a wholly owned subsidiary of Travis Perkins plc.

Sponsorship

The company currently sponsors the Western Football League (which is also known as the Toolstation League) and the RNLI Flood Rescue Team.

References

  1. ^ Toolstation Ltd, Directors' report and financial statements year ended 31 December 2011, approved 26 March 2012