Harvard Industries Limited

Harvard Industries Ltd, based in Dudley, UK, is a small, active company founded 25 years ago. With 10 employees and £1,041,907 in assets, it operates from a real address and is managed by two directors and one owner. Google users rate it a perfect 5.0 based on four reviews. The company is an irregular importer of optical and medical tools and devices, with its last import operation recorded just one month ago.

The company's website showcases a multinational business specializing in electronics parts and magnetics materials. It offers a wide range of products, including transformers, coils, chokes, and inductors, catering to various applications like ACDC inverters and LED drivers. The company emphasizes safety standards (UL, VDE, RoHS, REACH) and offers customized production services. It’s clear they’re targeting industrial clients with a focus on quality and customization.

Financially, Harvard Industries Ltd presents a mixed picture. While current assets increased by 10% to £1,000,000, net assets grew by a more substantial 47% to £430,000. However, bank borrowings surged by a significant 210%, reaching £2,100, and depreciation expense increased by 68%. 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 borrowing and depreciation suggest potential investment or operational expansion. The lack of an auditor mentioned—likely due to its small size—means the figures are unaudited.

It seems Harvard Industries is navigating a period of growth, with increased investment potentially driving both revenue and expenses. Whether this strategy will pay off remains to be seen.

Registered in England/Wales under the registration number 03989031, with a registered address at DY3 3NS, England, Dudley, West Midlands, 121 Brownswall Road, Sedgley.

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