Tower Systems Limited

Tower Systems Ltd from Watford UK: a small, active company founded 30 years ago, employs 15 people, and holds £823,824 in assets. With three directors and a single owner, the company operates from a real address and regularly imports machinery, boilers, and mechanical appliances—parts, with 21 months of import activity recorded as of February 2025.

The company's website showcases Tower Systems as "The Cooling Tower Specialists," offering maintenance, repair, refurbishment, and replacement services for all makes of evaporative cooling towers. Since 1994, they've served customers nationwide, providing periodic maintenance, breakdown repair, and installation of high-quality replacement parts. Their services extend to upgrades, leak repairs, and the supply of replacement parts, with a bespoke manufacturing service available. The website also highlights their expertise in condition surveys, safety deck maintenance, and efficient drift eliminators.

Financially, Tower Systems Ltd presents a mixed picture. Current assets increased by 12% to £820,000, while net assets rose by 19% to £710,000—a positive trend. However, bank borrowings increased by 9.2% to £9,700, and cash reserves declined by 15% to £230,000. Creditors also grew by 20% to £360,000. The company meets two of three criteria to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), which allows it to operate with greater flexibility. No auditor is mentioned, indicating that the financial statements are unaudited.

Overall, Tower Systems Ltd appears to be a stable, albeit somewhat cash-constrained, business. Its long-standing presence in the cooling tower industry and its focus on specialized services suggest a resilient model, but the rising debt levels warrant monitoring.

Registered in England/Wales under the registration number 02971924, with a registered address at WD24 7UB, Watford, Herts, Unit 4 Sandown Road Industrial Estate, Sandown Road.

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