Taxrale Electrics Limited

Taxrale Electrics Ltd, based in Wolverhampton, UK, is a small, active company with a 55-year history. Employing eleven people, the company holds £1,534,098 in assets and operates from a real address. With two directors and two owners, Taxrale Electrics Ltd has a somewhat unusual trading pattern: it’s an irregular importer of optical and medical tools and devices (just two months of imports, the last in 2021), but a regular exporter of the same items (twenty-four months of exports, the last in March 2025). The company’s website highlights its expertise in electromagnetic devices, specifically for the defence sector, and offers services like solenoid winding and torque motor production, alongside subcontracting and ISO9001 approval.

Taxrale Electrics Ltd’s core business involves the manufacture of electric motors, generators, and transformers, operating within a competitive industrial landscape. The company's website, while professional, doesn't overtly showcase e-commerce functionality, suggesting a business-to-business model rather than direct consumer sales. The focus on defence applications points towards specialized engineering and custom manufacturing.

Financially, Taxrale Electrics Ltd presents a mixed picture. Current assets decreased slightly by 3.4% to £1,500,000, while net assets increased by 7.3% to £1,500,000. Bank borrowings remained steady, and cash reserves held at £1,000,000. Creditors decreased by 69%, which is a positive sign of improved debt management. Trade debtors increased by 13%, which could indicate growing sales but also a potential risk of delayed payments. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the slight decrease in average employees from eleven to nine might signal some restructuring or cost-cutting measures. The accounts are unaudited, likely due to the company’s small size and exemption from mandatory audit.

Overall, Taxrale Electrics Ltd appears to be financially stable, with a solid asset base and improved creditor management. The company’s focus on specialized manufacturing and defence applications, combined with its long history, suggests a resilient business model, although the slight decrease in employees is something to keep an eye on.

Registered in England/Wales under the registration number 00956600, with a registered address at WV2 4HJ, Wolverhampton, West Midlands, Unit 7 The Hollies, Graiseley Row.

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