Transformers & Rectifiers Limited

Transformers & Rectifiers Ltd, based in Surrey, UK, is a well-established company with a 73-year history, currently employing 101 people. The company holds assets worth £14.46 million and generates revenue of £18.29 million annually. It operates as a holding company and has a stellar 5.0 Google rating based on three reviews. The company regularly imports and exports electrical machinery and equipment, with a long track record of 86 months of importing and 94 months of exporting.

The company’s website showcases its expertise in providing world-class engineering solutions, specializing in transformers and rectifiers. They cater to a global customer base, offering a wide range of products and bespoke solutions. Their sectors include rail, marine, power supply, and electricity network supply. Recent news highlights successful testing of a traction transformer rectifier unit and participation in the Floating Offshore Wind 2024 event.

Financially, Transformers & Rectifiers Ltd demonstrates a mixed picture. While cash bank on hand increased significantly by 49% to £3.6 million, administrative expenses rose by 27% to £3.4 million. Creditors decreased by 21% to £4 million, and trade debtors increased by 14% to £5.8 million. Perhaps most notably, net assets increased by 32% to £12 million. The company’s turnover increased by 36% to £18 million. The company is audited by Menzies LLP. The increase in turnover, combined with the decrease in creditors, suggests improved operational efficiency. However, the rise in administrative expenses warrants further scrutiny. The company’s size (meeting two of three criteria for a large company) and long history indicate stability, but the fluctuating financials highlight the challenges of maintaining growth in a competitive market.

Registered in England/Wales under the registration number 00498430, with a registered address at GU1 1BJ, Surrey, 15/16 Woodbridge Meadows, Guildford.

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