Leeds Transformer Co.limited

Leeds Transformer Co. Ltd, based in Leeds, UK, is a small, active company celebrating its 60th anniversary. Founded in 1964, it employs twelve people and holds £2,038,619 in assets. With three directors and a single owner, Wilkes Nigel Philip, the company operates from a real address and has a long history of manufacturing electrical equipment. It regularly exports electrical machinery and equipment, with six months of export activity recorded, and occasionally imports optical and medical tools, with two months of import activity.

The company's website showcases its expertise in bespoke transformer and rectifier unit manufacturing, established way back in 1947. It caters to a wide range of industries, offering custom solutions, hazardous area transformers, and even specialist units for military applications. The site details a comprehensive range of products and services, from oil-cooled transformers to voltage measurement systems, and even includes a section showcasing previously completed projects—a testament to its experience.

Financially, Leeds Transformer Co. Ltd presents a mixed picture. Current assets increased by 30%, reaching £2,000,000, while net assets also grew by 33%, reaching £1,800,000. However, trade debtors decreased significantly by 34%, dropping to £180,000, which could indicate slower customer payments. Bank borrowings have increased, and cash reserves are at £1,700,000. 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 flexible. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company, and the financial statements are unaudited.

The company's long-standing presence and diverse product range suggest a stable business, but the decrease in trade debtors warrants attention. The website’s detailed showcase of projects and expertise, however, paints a picture of a company with a strong reputation and a commitment to custom engineering.

Registered in England/Wales under the registration number 00813216, with a registered address at LS10 1QP, England, Leeds, West Yorkshire, Units 1-5 Larchfield Road.

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