Atl Transformers Limited

Atl Transformers Limited, based in Middleton, UK, is a small, family-run business with an active status. Founded 44 years ago in 1981, the company employs 21 people and holds £855,199 in assets. It has four directors and two owners, and operates from a real address with only one other company registered there. The business regularly imports and exports electrical machinery and equipment, with 8 months of import activity and 3 months of export activity recorded—the latest export operation took place in 2021.

The company’s core business revolves around the manufacture of electric motors, generators, and transformers. It operates within a competitive industry, and its website, while not providing detailed e-commerce functionality, does highlight the company’s expertise and range of products.

Financially, Atl Transformers Limited presents a mixed picture. Current assets have decreased by 45%, dropping to £860,000, while net assets have increased by 20%, reaching £900,000. Bank borrowings have increased to £17, a small amount, and cash reserves have fallen significantly by 75%, to £200,000. Creditors have decreased by 83%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble, but the decrease in cash reserves is a concern. The company is exempt from an audit, so the figures are unaudited.

The company’s financial data indicates a period of transition. While the decrease in cash reserves is a potential worry, the increase in net assets and decrease in creditors suggests that Atl Transformers Limited is managing its liabilities effectively. The company’s long history and family ownership likely contribute to its stability, but the need to maintain a healthy cash flow will be crucial for its continued success.

Registered in England/Wales under the registration number 01557288, with a registered address at M24 2HD, Middleton, Manchester, Hanson Close, Hanson Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.