Boddingtons Electrical Limited

Boddingtons Electrical Ltd, based in Great Notley, UK, is a small, holding company with an active status. Founded 30 years ago in 1994, it employs 27 people and holds £3,585,898 in assets. The company, which has a real address, is managed by three directors and owned by one individual. It operates an e-commerce site and enjoys a 5.0 Google rating based on four reviews. The company regularly imports and exports basic metal tools and utensils, with 415 months of import activity and 177 months of export activity recorded.

The company’s website showcases a wide range of products and services related to electrical safety and tools. It’s a leading manufacturer of insulated live work tools, offering everything from hand tools and cable preparation tools to personal protective equipment and specialist tools. The website also highlights services like bespoke tool customization, busbar insulation, and periodic testing of safety gloves. It even has a section dedicated to hybrid and electric vehicles, demonstrating an awareness of emerging industry needs.

Financially, Boddingtons Electrical Ltd shows a mixed picture. Current assets increased by 11% to £3,600,000, while net assets also rose by 18% to £2,900,000. However, bank borrowings increased by a significant 2,400% to £29,000, and cash reserves fell 11% to £710,000. Creditors also increased by 54% to £34,000. The average number of employees has increased by 37% to 37. 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 flexibility, but the increased borrowings suggest a need for careful financial management. No auditor is mentioned, which is likely due to the company’s status as a small entity.

Overall, Boddingtons Electrical Ltd appears to be a well-established business with a strong online presence and a focus on quality products and services. The financial data suggests some challenges, but the company’s size and adaptability should allow it to navigate these hurdles.

Registered in England/Wales under the registration number 02964089, with a registered address at CM77 7AG, Great Notley, Essex, Prospect House, Queenborough Lane.

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