Advance Product Services Ltd.

Advance Product Services Ltd, based in Knaresborough, UK, is a small holding company with an active status, established 22 years ago. Employing 12 people, the company holds assets valued at £578,033 and operates from a real address within Knaresborough Tech Park. Five directors and one owner manage the business, which has been importing and exporting electrical machinery and equipment regularly for several years—115 months of imports and 75 months of exports, with the latest activity in February 2025.

The company's website showcases a specialist repair, refurbishment, and design service for power supplies and electric vehicle chargers. They cater to a range of sectors, including transport, power generation, and military, offering solutions from component repair to custom design. The site highlights a strong focus on reliability and customer service, boasting testimonials from satisfied clients and emphasizing a "no fix, no fee" policy. They even provide datasheet downloads and a quick enquiry form.

Financially, Advance Product Services Ltd shows a mixed picture. Current assets increased by 33%, reaching £580,000, while net assets grew by 39% to £590,000. However, bank borrowings decreased by 29%, and cash reserves increased significantly by 90% to £230,000. Trade debtors also rose by 15%, suggesting a possible increase in sales but also a need to manage collections. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the rise in debtors warrants attention. The company is exempt from an audit as a small company, so the figures are unaudited.

Overall, Advance Product Services Ltd appears to be a stable, niche player in the power supply and EV charger market, with a focus on repair and design services. While the financial picture is generally positive, the rise in trade debtors should be monitored closely.

Registered in England/Wales under the registration number 04460378, with a registered address at HG5 8LF, England, Knaresborough, Building D, Knaresborough Tech Park, Manse Lane.

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