Todd Engineering Limited

Todd Engineering Ltd, based in Rugeley, UK, is a small, family-run business with an active status. Established 22 years ago, it employs 37 people and holds assets valued at £678,240. The company, led by three directors and two owners, operates from a real address and is a regular importer and exporter of machinery, boilers, and mechanical appliances—parts, with 8 months of import activity and 4 months of export activity recorded. The business specializes in spray booth manufacturing, a sector it’s recognized as a leader in, having recently won “Spray Booth Manufacturer of the Year 2024.”

Todd Engineering’s website highlights its commitment to innovation and sustainability, offering a range of spray booths and paint finishing systems designed for automotive and industrial applications. It even has a spray booth energy calculator on the site—a nice touch. The company's website also features case studies and recent installations, showcasing its work with clients like Gemini Taunton and RMD Kwikform. It’s clear they’re focused on providing tailored solutions and excellent customer service.

Financially, Todd Engineering Ltd presents a mixed picture. While current assets remain stable at £680,000, net current assets have taken a significant hit, plummeting 570% to -£420,000. Bank borrowings have also increased, and cash reserves have decreased, suggesting a period of tighter finances. Creditors, however, have decreased, which could indicate improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The unaudited financial statements, lacking an auditor’s report, rely on director-reported data.

Overall, Todd Engineering Ltd appears to be navigating a challenging financial landscape despite its industry recognition and focus on innovation. The company’s family ownership and commitment to quality may help it weather the storm, but it’s clear that careful management will be crucial in the coming years.

Registered in England/Wales under the registration number 04730821, with a registered address at WS15 1PW, Rugeley, Staffordshire, Gregory Works, Armitage Road.

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