Michael Broughton Limited

Michael Broughton Ltd, based in Ipswich, UK, is a well-established holding company with a 51-year history. Employing 156 people and holding assets worth £5,949,065, the company operates from a real address and is overseen by five directors and one owner. It maintains an e-commerce site and boasts a stellar 5.0 Google rating from 26 reviews. The company regularly imports machinery, boilers, and mechanical appliances—parts, with 35 months of import activity, the latest in November 01, 2024. Export activity is less frequent, focused on optical and medical tools and devices, with just one month of exports recorded as of December 01, 2024.

The company’s website highlights its role as a specialist plant equipment supplier, offering hire and sales services. It operates multiple depots across the UK, providing equipment to the heating, ventilation, and fire protection trades. The site features a wide range of products, from access equipment to welding tools, and emphasizes its expertise and fast shipping. It also offers repair and calibration services, and even has a technical library with manuals and video tutorials.

Financially, Michael Broughton Ltd presents a mixed picture. While current assets increased by 14% to £5,900,000, net assets plunged 23% to £840,000. Bank borrowings decreased by 60%, reaching £1,000,000, and cash reserves fell 32% to £2,000,000. Creditors increased by 20%, suggesting a need for better debt management. The company meets two of three criteria to be considered a large company—having turnover over £36 million, balance sheet total over £18 million, and average number of employees over 250. Despite a decrease in staff numbers, from 160 to 58, the company remains a significant player in its sector. The financial statements were audited by Ensors Accountants LLP. Overall, Michael Broughton Ltd seems to be navigating a period of change, with a focus on maintaining its core business while adapting to evolving market conditions.

Registered in England/Wales under the registration number 01110833, with a registered address at IP1 1UR, United Kingdom, Ipswich, Franciscan House 1st Floor, Franciscan House, 51 Princes Street.

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