Modern Slavery Statement 2026
Modern Slavery Statement
This statement
Toolsmith Ltd (trading as Jewellery Tools, registered in England and Wales No. 16520777) makes this statement on a voluntary basis. Our annual turnover sits below the £36 million threshold at which a statement is required under section 54 of the Modern Slavery Act 2015, but we believe the obligations of the Act represent good practice for any importer or retailer of tools, and we choose to be measured against them now rather than wait for a legal requirement.
Our business
We sell hand tools, bench equipment, and consumables to working jewellers, silversmiths, watchmakers, and educational institutions in the United Kingdom. Our products are sourced from manufacturers and authorised distributors in the UK, the EU, India, Pakistan, and the Far East. We hold stock in Birmingham and ship from a single fulfilment location.
Our supply chain
Our supply chain is short relative to our peers — typically two or three tiers from raw material to bench. We maintain a written supplier register that records, for every active supplier:
- Legal entity name, country of registration, and trading address;
- Production locations (where these differ from the trading address);
- The most recent date on which we received written confirmation of compliance with the Modern Slavery Act 2015 and equivalent national legislation.
Risk assessment
We assess the modern-slavery and human-trafficking risk in our supply chain by reference to:
- The Global Slavery Index's country risk scores;
- Independent audit reports where suppliers are large enough to publish them;
- The product categories themselves — hand tools manufactured by machine operation, low-skill assembly, or polishing are reviewed more closely than those manufactured by skilled craft.
Where a supplier or product line is identified as elevated risk, we either obtain a third-party audit of the production facility, switch to an alternative supplier with verified practice, or stop carrying the product.
Steps taken in the year to May 2026
- Conducted a written supplier compliance review with our top ten suppliers by spend.
- Added a modern-slavery clause to our standard purchasing terms requiring suppliers to confirm compliance with the Modern Slavery Act 2015 (or, for non-UK suppliers, an equivalent national framework) and to permit reasonable audit on request.
- Set up a confidential reporting route at info@toolsmithltd.co.uk for any member of staff, contractor, or member of the public to raise a concern about slavery or trafficking in our supply chain.
- Removed two product lines from our catalogue after we were unable to obtain satisfactory assurance about their manufacturing conditions.
Training
All Toolsmith Ltd staff receive a briefing on the indicators of modern slavery and trafficking, the confidential reporting route, and the obligation to act on any concern raised.
Effectiveness
We measure the effectiveness of these steps by tracking: the proportion of our active supplier register with current written compliance confirmation; the number of supplier audits performed in the year; and the number and disposition of concerns raised via the confidential reporting route. We publish a one-line annual summary in our next statement.
Approval
This statement was approved by the directors of Toolsmith Ltd and signed on its behalf by the company's sole director on 27 May 2026. It will be reviewed and re-approved annually.