Type Public / subsidiary Revenue £225.8m (2015) Parent organization Travis Perkins plc | Founder Mark Goddard-Watts Founded 2003 | |
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Industry Trade, Maintenance & DIY Number of locations 250+ UK branches (2017) Products Screws, Power Tools, Hand Tools, Fixings, Accessories, Kitchens, Bathrooms, Flooring, Lighting, Building supplies, Plumbing and Heating, Safety, Workwear, Security, Electrical supplies and Ironmongery. Headquarters Bridgwater, United Kingdom Profiles | ||
Toolstation Ltd is a large UK and EU direct sale and online supplier of trade tools, accessories and hardware products.
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The company's head office and main distribution centre is in Bridgwater, Somerset where it is a major employer for the area. This is supplemented by 240+ branches across the UK and large stock warehouses in Redditch, Daventry and Bridgwater. There is also an operation in the Netherlands with direct-mail facilities and 8 branches, and a growing customer base in France.
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 123 stores by the end of 2012.
On Tuesday 3 January 2012, Mark Goddard-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), the Northern Counties East Football League and the RNLI Flood Rescue Team.