Boardman Transformers Limited

Boardman Transformers Ltd, based in Ulverston, UK, is a small, holding company with an active status, celebrating 66 years since its founding in 1959. Employing just ten people, the company holds assets totaling £1,619,993 and operates from a real address at Units 1 & 2, Low Mill Business Park. With one director and one owner, Boardman Transformers is a long-standing player in the UK’s electrical machinery sector, regularly importing and exporting equipment.

The company specializes in the design and manufacture of industrial, power, and control circuit transformers, as well as custom-wound products. Their website showcases a wide range of transformers, from auto-starter transformers to voltage transformers, catering to diverse industrial applications. They even offer custom-built enclosures and solutions, and have a large distribution network supplying products to OEMs, industrial distributors, and end-users. It seems they are very proud of their British craftsmanship.

Financially, Boardman Transformers presents a mixed picture. While cash reserves grew by a healthy 59% to £380,000, net assets also increased by 17% to £1,200,000. However, trade debtors have fallen by a significant 36%, which could indicate issues with customer payments. Creditors have also increased by 93%, suggesting a need to manage short-term liabilities. 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 for agility, but the fluctuating debtor and creditor balances warrant attention. No auditor is mentioned, likely due to the company’s exemption as a small entity. Overall, Boardman Transformers appears to be a stable, albeit somewhat fluctuating, business, relying on its expertise and established reputation to navigate the competitive transformer market.

Registered in England/Wales under the registration number 00624978, with a registered address at LA12 9EE, Ulverston, Cumbria, Units 1&2 Low Mill Business Park, Watery Lane.

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