Booth Welsh Automation Limited

Booth Welsh Automation Ltd, a London-based company, has been a fixture in the UK engineering sector for 36 years. Holding company status and an active trading position, the firm employs 184 people and boasts assets of £9,147,997. Registered at a virtual address – 45 other companies share the same location – it’s managed by four directors and one owner. A stellar 5.0 Google rating from 11 reviews speaks to customer satisfaction. The company is a regular exporter of electrical machinery and equipment, with 22 months of export activity, and an irregular importer of clothing and accessories, with just one month of import activity recorded in 2017.

Booth Welsh Automation Ltd specializes in engineering design activities for industrial process and production industries, providing specialist control and engineering automation design services. They cater to blue-chip clients, offering technical recruitment services and supporting customers throughout the entire product lifecycle. Their website highlights a focus on providing solutions for industrial process industries, with a commitment to technical recruitment and professional services.

Looking at the financial data, Booth Welsh Automation Ltd's financial health presents a mixed picture. Current assets decreased by 16%, falling to £9,100,000. Bank borrowings experienced a significant drop, decreasing by 29% to £3,000,000, and cash reserves also declined by 78%, ending at £180,000. Creditors, however, decreased by 18%, suggesting improved debt management. The company meets two of the three criteria for a small company, with turnover under £36 million, balance sheet total over £18 million, and more than 250 employees. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Despite the decline in cash reserves, the decrease in bank borrowings is a positive sign. The company’s focus on high-value engineering services and its strong Google rating suggest a resilient business model. The virtual address, while raising a slight flag, is common for service-based companies. The firm’s long history and established reputation, combined with a focus on specialist services, position it for continued success, although careful management of cash flow will be essential.

Registered in England/Wales under the registration number 02374159, with a registered address at SW1H 0BL, England, London, Suite 1, 7th Floor 50 Broadway.

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