Towerglens Limited

Towerglens Ltd, a family-run business based in Dudley, West Midlands, UK, has been manufacturing electrical control panels and related equipment for over four decades. Founded in 1979, the company employs twenty-four people and holds assets totaling £1,071,869. It operates from a real address and is managed by four directors and three owners. Towerglens is a regular importer of electrical machinery and equipment, with eleven months of import activity recorded, the last in March 2025.

The company's website showcases its specialization in electrical control panels, motor control centres, cable harnesses, and lifting control panels. It serves various industries globally, including water treatment, food preparation, automotive, and logistics, adhering to British Standards. Towerglens emphasizes quality, reliability, and customer service, utilizing AutoCAD design software and offering both standard and custom solutions. They also provide engineering design, manufacturing, and testing facilities, along with an outsourcing facility for subassembly and contract builds.

Financially, Towerglens Ltd presents a mixed picture. Cash bank on hand increased by a healthy 14% to £530,000, and current assets remained stable at £1,100,000. However, trade debtors took a significant hit, dropping 44% to £300,000. Property, plant, and equipment also decreased by 23%, reaching £54,000. Net assets remained consistent at £660,000. The company’s small size—meeting two of three criteria for being a small company—helps it maintain flexibility, but the decrease in debtors might indicate some collection challenges. No auditor is mentioned, likely due to the company’s exemption as a small entity.

While the business appears to be operating steadily, the fluctuating debtor numbers and the decrease in property, plant, and equipment are something to keep an eye on. The company’s long history and focus on quality suggest a resilient foundation, but continued monitoring of its financial performance will be important.

Registered in England/Wales under the registration number 01442115, with a registered address at DY1 1TX, West Midlands, Turner Street, Dudley.

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